Valerka 🔵🟣🎩
@valerymaxx
1/2 Hello, Friends!☺️I trade in the Vooi @vooi-app terminal https://app.vooi.io/ and I want to tell you about the SPX index, which is presented in the terminal via Ostium in the Commodities section. I like to trade this index and here's why. SPX - the ticker symbol of the S&P500 (Standard & Poor's 500), one of the key stock indices in the US. It includes 500 of the largest publicly traded US companies (Apple, Amazon, etc). It considered the main barometer of the health of the American economy and the stock market. SPX is not a cryptocurrency instrument, but it can be very useful for @vooi-app traders in terminal as an indicator of market sentiment and macroeconomic conditions. SPX and crypto are not directly related, but they move in the same information and macroeconomic field.
1 reply
0 recast
0 reaction
Valerka 🔵🟣🎩
@valerymaxx
2/2 There are several important indirect relationships between crypto and SPX: 1. Macroeconomic influence: interest rates, inflation, Fed policy - these factors affect the stock market and crypto. SPX reacts first and its movement can predict the behavior of crypto. 2. Risks and investor behavior: when SPX rises, investors have more optimism and money, which can lead to increased interest in cryptocurrencies. When SPX falls, investors become more cautious and may exit crypto into more stable assets. 3. Correlation during stress periods: BTC and SPX often fall together - this is due to the general tendency to sell risky assets. During calm periods, the correlation can decrease or disappear. So, we need to remember about these while trading in the @vooi-app !☺️
0 reply
0 recast
0 reaction
