S&P: A Recovery ?!Following the FOMC, US stocks went agressively down with the Gold and the EUR. However, a recovery is always expected on the S&P500 as it is on any index fund such as the russel2000 which also has seen a big downward movement.
Technically, a second rejection can be expected on the strong round 4200 support forming a double bottom pattern adding more confirmation to our support and thus to our buying setup.
Until then, trade safe !
