{"id":3457,"date":"2023-07-27T11:11:02","date_gmt":"2023-07-27T11:11:02","guid":{"rendered":"https:\/\/blog.trive.com\/?p=3457"},"modified":"2023-07-27T11:21:37","modified_gmt":"2023-07-27T11:21:37","slug":"the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates","status":"publish","type":"post","link":"https:\/\/blog.trive.com\/de\/handel\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/","title":{"rendered":"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates"},"content":{"rendered":"<p><em>Piece Written By Nkosilathi Dube, Trive Financial Market Analyst<\/em>&nbsp;<\/p>\n\n\n\n<p>Following a 25 basis point rate hike by the Federal Reserve, the S&amp;P500 Futures (CME: ES) closed unchanged on Wednesday. The index futures had a strong start to trading on Thursday and is closing down on a 69-week high as it inches closer to a third consecutive week of gains. The index futures, which house equities that normally struggle to gain upside traction in high interest-rate environments, remained resilient as the Fed predicts a recession is unlikely.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The Federal Reserve raised interest rates for the eleventh time in 12 meetings and stated that additional rate hikes\u202fmight be necessary if inflation data\u202fsupports them. On the other hand, the market discounted the Fed Press Conference and currently assigns a 78% probability that Wednesday&#8217;s hike will be the final one of 2023. What should traders expect with the S&amp;P500 Futures closing down on 2022&#8217;s highs?&nbsp;<\/p>\n\n\n\n<p><strong>Technische Analyse<\/strong>&nbsp;<\/p>\n\n\n\n<p>Bullish traders have been in the driver\u2019s seat of the S&amp;P500 Futures, which trades well above its 100-day moving average. The index futures is now closing in on a one-year high set in March 2022 as the market has favoured risk assets.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Given that upside momentum has taken precedence and the market has priced in a pause in the upcoming interest rate decision, the index futures will likely extend the move higher into the coming days or months. The 4631.00 level, which coincides with the 23.60% Fibonacci Extension level, will likely serve as a point of interest to the upside. However, with the Relative Strength Index conditions pointing to overbought levels, the index futures could make a reversal, given that upside momentum falters, leaving the 4573.75 level probable.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"490\" src=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52-1024x490.png\" alt=\"\" class=\"wp-image-3458\" srcset=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52-1024x490.png 1024w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52-300x143.png 300w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52-768x367.png 768w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52-1536x734.png 1536w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52-18x9.png 18w, https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/07\/image-52.png 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Zusammenfassung<\/strong>&nbsp;<\/p>\n\n\n\n<p>If the market rides on the likelihood of yesterday\u2019s rate hike being the last of 2023, the index futures could continue to gain upside traction, leaving the 4631.00 level probable. However, with the PCE Index looming, the Feds preferred inflation gauge, a higher inflation reading could weaken optimism in the index futures as the possibility of one more rate hike gets priced in.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Sources: Federal Reserve, CME, Reuters, TradingView&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Piece Written By Nkosilathi Dube, Trive Financial Market Analyst&nbsp; Following a 25 basis point rate hike by the Federal Reserve, the S&amp;P500 Futures (CME: ES) closed unchanged on Wednesday. The index futures had a strong start to trading on Thursday and is closing down on a 69-week high as it inches closer to a third [&hellip;]<\/p>","protected":false},"author":15,"featured_media":2618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates - Trive Blog<\/title>\n<meta name=\"description\" content=\"Following a 25 basis point rate hike by the Federal Reserve, the S&amp;P500 Futures (CME: ES) closed unchanged on Wednesday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.trive.com\/de\/handel\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates\" \/>\n<meta property=\"og:description\" content=\"Following a 25 basis point rate hike by the Federal Reserve, the S&amp;P500 Futures (CME: ES) closed unchanged on Wednesday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.trive.com\/de\/handel\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\" \/>\n<meta property=\"og:site_name\" content=\"Trive Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T11:11:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-27T11:21:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/04\/2023.04.24-THUMB-SP500.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"514\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CONNECT TRIVE\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates\" \/>\n<meta name=\"twitter:description\" content=\"Following a 25 basis point rate hike by the Federal Reserve, the S&amp;P500 Futures (CME: ES) closed unchanged on Wednesday.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/04\/2023.04.24-THUMB-SP500.png\" \/>\n<meta name=\"twitter:label1\" content=\"Verfasst von\" \/>\n\t<meta name=\"twitter:data1\" content=\"CONNECT TRIVE\" \/>\n\t<meta name=\"twitter:label2\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 Minuten\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\"},\"author\":{\"name\":\"CONNECT TRIVE\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31\"},\"headline\":\"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates\",\"datePublished\":\"2023-07-27T11:11:02+00:00\",\"dateModified\":\"2023-07-27T11:21:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\"},\"wordCount\":375,\"publisher\":{\"@id\":\"https:\/\/blog.trive.com\/#organization\"},\"articleSection\":[\"Trading\"],\"inLanguage\":\"de-DE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\",\"url\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\",\"name\":\"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates - Trive Blog\",\"isPartOf\":{\"@id\":\"https:\/\/blog.trive.com\/#website\"},\"datePublished\":\"2023-07-27T11:11:02+00:00\",\"dateModified\":\"2023-07-27T11:21:37+00:00\",\"description\":\"Following a 25 basis point rate hike by the Federal Reserve, the S&P500 Futures (CME: ES) closed unchanged on Wednesday.\",\"breadcrumb\":{\"@id\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/#breadcrumb\"},\"inLanguage\":\"de-DE\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blog.trive.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blog.trive.com\/#website\",\"url\":\"https:\/\/blog.trive.com\/\",\"name\":\"Trive Blog\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/blog.trive.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blog.trive.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"de-DE\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/blog.trive.com\/#organization\",\"name\":\"Trive Blog\",\"url\":\"https:\/\/blog.trive.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de-DE\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png\",\"contentUrl\":\"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png\",\"width\":723,\"height\":199,\"caption\":\"Trive Blog\"},\"image\":{\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31\",\"name\":\"CONNECT TRIVE\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de-DE\",\"@id\":\"https:\/\/blog.trive.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g\",\"caption\":\"CONNECT TRIVE\"},\"url\":\"https:\/\/blog.trive.com\/de\/author\/connect\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates - Trive Blog","description":"Following a 25 basis point rate hike by the Federal Reserve, the S&P500 Futures (CME: ES) closed unchanged on Wednesday.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.trive.com\/de\/handel\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/","og_locale":"de_DE","og_type":"article","og_title":"The S&P500 Futures Defy Gravitational Pull Of Higher Interest Rates","og_description":"Following a 25 basis point rate hike by the Federal Reserve, the S&P500 Futures (CME: ES) closed unchanged on Wednesday.","og_url":"https:\/\/blog.trive.com\/de\/handel\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/","og_site_name":"Trive Blog","article_published_time":"2023-07-27T11:11:02+00:00","article_modified_time":"2023-07-27T11:21:37+00:00","og_image":[{"width":1024,"height":514,"url":"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/04\/2023.04.24-THUMB-SP500.png","type":"image\/png"}],"author":"CONNECT TRIVE","twitter_card":"summary_large_image","twitter_title":"The S&P500 Futures Defy Gravitational Pull Of Higher Interest Rates","twitter_description":"Following a 25 basis point rate hike by the Federal Reserve, the S&P500 Futures (CME: ES) closed unchanged on Wednesday.","twitter_image":"https:\/\/blog.trive.com\/wp-content\/uploads\/2023\/04\/2023.04.24-THUMB-SP500.png","twitter_misc":{"Verfasst von":"CONNECT TRIVE","Gesch\u00e4tzte Lesezeit":"2 Minuten"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/#article","isPartOf":{"@id":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/"},"author":{"name":"CONNECT TRIVE","@id":"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31"},"headline":"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates","datePublished":"2023-07-27T11:11:02+00:00","dateModified":"2023-07-27T11:21:37+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/"},"wordCount":375,"publisher":{"@id":"https:\/\/blog.trive.com\/#organization"},"articleSection":["Trading"],"inLanguage":"de-DE"},{"@type":"WebPage","@id":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/","url":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/","name":"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates - Trive Blog","isPartOf":{"@id":"https:\/\/blog.trive.com\/#website"},"datePublished":"2023-07-27T11:11:02+00:00","dateModified":"2023-07-27T11:21:37+00:00","description":"Following a 25 basis point rate hike by the Federal Reserve, the S&P500 Futures (CME: ES) closed unchanged on Wednesday.","breadcrumb":{"@id":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/#breadcrumb"},"inLanguage":"de-DE","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/blog.trive.com\/trading\/the-sp500-futures-defy-gravitational-pull-of-higher-interest-rates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.trive.com\/"},{"@type":"ListItem","position":2,"name":"The S&amp;P500 Futures Defy Gravitational Pull Of Higher Interest Rates"}]},{"@type":"WebSite","@id":"https:\/\/blog.trive.com\/#website","url":"https:\/\/blog.trive.com\/","name":"Trive Blog","description":"","publisher":{"@id":"https:\/\/blog.trive.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.trive.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"de-DE"},{"@type":"Organization","@id":"https:\/\/blog.trive.com\/#organization","name":"Trive Blog","url":"https:\/\/blog.trive.com\/","logo":{"@type":"ImageObject","inLanguage":"de-DE","@id":"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png","contentUrl":"https:\/\/blog.trive.com\/wp-content\/uploads\/2022\/09\/cropped-cropped-trive_horizontal_black_logo.png","width":723,"height":199,"caption":"Trive Blog"},"image":{"@id":"https:\/\/blog.trive.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/blog.trive.com\/#\/schema\/person\/1b50e17681b87a48acedbf0270821e31","name":"CONNECT TRIVE","image":{"@type":"ImageObject","inLanguage":"de-DE","@id":"https:\/\/blog.trive.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/77099c3e77e7f60e3af7eaab73282335?s=96&d=mm&r=g","caption":"CONNECT TRIVE"},"url":"https:\/\/blog.trive.com\/de\/author\/connect\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts\/3457"}],"collection":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/comments?post=3457"}],"version-history":[{"count":2,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts\/3457\/revisions"}],"predecessor-version":[{"id":3460,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/posts\/3457\/revisions\/3460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/media\/2618"}],"wp:attachment":[{"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/media?parent=3457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/categories?post=3457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.trive.com\/de\/wp-json\/wp\/v2\/tags?post=3457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}