College Bound!

Hi Shoppers,

Today the Fed makes its announcement of where it is going with interest rates.

The market is bound to react … one way or another.

Here are my charts in the major indexes with support and resistance levels.

SPDR S&P 500 ETF (Ticker: SPY):

I have support in SPY at $390 and then $387.50. Resistance is at $401 then $416.

S&P 500 Index (Ticker: SPX):

In SPX I have support right off yesterday’s lows at $3,920 and resistance levels at $4,001, $4,017 and $4,092.

Invesco QQQ Trust (Ticker: QQQ):

In QQQ I have support $293, $290 and $287. Resistance levels at $305, $307.25 and $311.70.

iShares Russell 2000 ETF (Ticker: IWM):

In QQQ I see support at $177 and $175 and resistance at $183.30 and $187.60.

One last thing … does Bitcoin have a hammer?

Let’s make it happen today – shoot me an email with any questions.

Thanks for Reading … See You Next Tuesday.

Licia Leslie

Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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