Yesterday was the second time S&P 500 tested 4100 level this month which could be a major resistance level at this time.
In addition, yesterday's sell off could be an indication that trades have less confidence in this rally.
Level to watch 4052 --- 4050
Reports to watch:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
In addition, yesterday's sell off could be an indication that trades have less confidence in this rally.
Level to watch 4052 --- 4050
Reports to watch:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
Anything published is strictly for educational purpose.
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.
Anything published is strictly for educational purpose.
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.