Yesterday's sharp selloff saw TOTAL market capitalization drop from $2.3T to $2.13T. Today's FOMC meeting could exacerbate downside pressure.
Support Levels:
Immediate support: Bottom of the current range at around $2.054T.
Further support: $1.80T - $1.95T (daily 200 MA) if $2.054T is breached.
Market Outlook:
May historically experiences trading challenges, often characterized by choppiness.
📈💡 Stay cautious and monitor market developments closely! #MarketUpdate #TradingInsights 🌐📊
Support Levels:
Immediate support: Bottom of the current range at around $2.054T.
Further support: $1.80T - $1.95T (daily 200 MA) if $2.054T is breached.
Market Outlook:
May historically experiences trading challenges, often characterized by choppiness.
📈💡 Stay cautious and monitor market developments closely! #MarketUpdate #TradingInsights 🌐📊
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.
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.