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