Market has been trading sideways during overnight session.
However, it did test the 3000 level and bounced off quickly which is bullish.
Today being Fed day a rate cut would give a boost to the market and a subsequent rally .
Level to watch 3004---3006
Reports to be aware are:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Meeting Announcement
2:00 PM ET
US:FOMC Forecasts
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
However, it did test the 3000 level and bounced off quickly which is bullish.
Today being Fed day a rate cut would give a boost to the market and a subsequent rally .
Level to watch 3004---3006
Reports to be aware are:
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Meeting Announcement
2:00 PM ET
US:FOMC Forecasts
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
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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.
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.