The tech sector will be a focus today as Jerome Powell will offer the latest news from the FED. In case of a hawkish tone and decision, expect a re-test and possible break of the recent lows. In case of a more dovish, controlled FED, we may see a continuation of the recent rally. There is some space on the chart to $327-330. Even if we get there, the market will still be broken, so make sure to know what your are committed to.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.