Hello & welcome to this analysis
S&P on the eve of FOMC meet is at the slanting trendline with a diagonal ripe for a pullback/reversal
4017 needs to be breached on the upside
3950 if broken then more downside coming
S&P on the eve of FOMC meet is at the slanting trendline with a diagonal ripe for a pullback/reversal
4017 needs to be breached on the upside
3950 if broken then more downside coming
Note
most likely buyers will come in near 3900-3925 to this time attempt a break of the upper trend line. Might not happen in March though
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Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
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.