Identifying a theme for your room is the fun part. The bigger challenges are all in the details. For example, how do you find the accessories, fabrics, furnishings and decorative rugs?

More and more of us are searching online for our solutions these days, and for good reasons – there are a lot of choices out there!

I’ve heard from some design experts that it’s best to begin the process with your decorative rug selection and then build around the design and colors. This is a fine solution when you’ve found the ideal rug design. Yet, in my experience as a decorative rug maker, it frequently happens the other way around. Sometimes it’s tough locating the ideal rug. So the room tends to take shape without the rug in place… maybe this sounds familiar?

I wish I could give you a simple solution, unfortunately, it’s not always a simple problem. Most ready-made rugs will fall short in the size and color category, this makes it a long, tedious process of digging through websites, catalogs, and design magazines for inspiration.

In most cases, however, decorative rug designs can be created from scratch and fabricated in the U.S. easily enough these days – without the 16 week delays you’ll find when ordering from overseas outfits. Choosing the custom design route can be a fun experience when you have the right attitude. You can actually be a part of the process and have a unique connection to the finished rugs that will decorate your home.

One tip that may help speed things along – start by developing a foundation for the design process by identifying a few designs that interest you, maybe they’re in the room already in the form of art, fabrics, or an architectural design element. Take digital photos of these elements. You can also browse the internet for rug designs that come close but don’t make the grade. After gathering some ideas, make contact with a custom rug fabricator and discuss your ideas and nail down a reasonable budget. Within a few weeks you should have a decorative rug delivered to your door.

Custom rug fabrication is one of the easiest methods of tying a decorative rug into an existing home interior. Yes, it does require a little patience as you identify your theme, have the artwork drawn up, and produce the rugs, but it’s still a whole lot quicker than outsourcing overseas.

Key Insights
The strong pullback in the U.S. dollar provided significant support to stocks.
Treasury yields have pulled back after touching new highs, which served as an additional positive catalyst for S&P 500.
A move above 3730 will push S&P 500 towards the resistance level at 3760.
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Pfizer Rallies After Announcing A Huge Price Hike For Its COVID-19 Vaccines
S&P 500 is currently trying to settle above 3730 as traders’ appetite for risk is growing. The U.S. dollar has recently gained strong downside momentum as the BoJ intervened to stop the rally in USD/JPY. Weaker U.S. dollar is bullish for stocks as it increases profits of multinational companies and makes U.S. equities cheaper for foreign investors.

The leading oil services company Schlumberger is up by 9% after beating analyst estimates on both earnings and revenue. Schlumberger’s peers Baker Hughes and Halliburton have also enjoyed strong support today.

Vaccine makers Pfizer and Moderna gained strong upside momentum after Pfizer announced that it will raise the price of its coronavirus vaccine to $110 – $130 per shot.

Biggest losers today include Verizon and Twitter. Verizon is down by 5% despite beating analyst estimates on both earnings and revenue. Subscriber numbers missed estimates, and traders pushed the stock to multi-year lows.

Twitter stock moved towards the $50 level as the U.S. may conduct a security review of Musk’s purchase of the company.

From a big picture point of view, today’s rebound is broad, and most market segments are moving higher. Treasury yields have started to move lower after testing new highs, providing additional support to S&P 500. It looks that some traders are ready to bet that Fed will be less hawkish than previously expected.

S&P 500 Tests Resistance At 3730

S&P 500 has recently managed to get above the 20 EMA and is trying to settle above the resistance at 3730. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge.

If S&P 500 manages to settle above 3730, it will head towards the next resistance level at 3760. A successful test of this level will push S&P 500 towards the next resistance at October highs at 3805. The 50 EMA is located in the nearby, so S&P 500 will likely face strong resistance above the 3800 level.

On the support side, the previous resistance at 3700 will likely serve as the first support level for S&P 500. In case S&P 500 declines below this level, it will move towards the next support level at 3675. A move below 3675 will push S&P 500 towards the support at 3640.