JPOW's Speech May Impact Market, $540 Key for 20% Correction

Michael Esther
04-04

$SPDR S&P 500 ETF Trust(SPY)$ JPOW speech on economy is April 4th, 2025. His speech can help fill a massive gap on this daily chart.

But, fundamentally once it breaks this level $540 then next levels on this chart is now $520 and then $500.

I'll alert where I believe the exact bottom will be and it will be in April.

20% correction from all time highs takes it under $500. This is where President Trump threshold for pain is. Q1 GDP is negative 🩸

ImageImage

Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

Other helpful links:

💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
12