Trading Insights

S&P 500

Treasury Auctions Keep Liquidity and Fed Cuts in Focus


The S&P 500 remains cautiously bullish as markets weigh $392B in Treasury issuance this week. Heavy short-term debt supply highlights liquidity stress, reinforcing expectations for a September Fed rate cut. Mixed U.S. data—soft durable goods but stronger core orders—add to the uncertainty. RSI at 64 shows fading strength, while MACD signals waning momentum.
Key Levels: Support at 6,429 | Resistance at 6,490