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Post FED rate hike last night, S&P declined sharply and is now near a strong support in daily and hourly time frame.
This level of 3675-2725 could work as a good support for now.
Bounce for 3800-3850 or reversal till 4000-4050 likely if held
Post FED rate hike last night, S&P declined sharply and is now near a strong support in daily and hourly time frame.
This level of 3675-2725 could work as a good support for now.
Bounce for 3800-3850 or reversal till 4000-4050 likely if held
Comment:
3675-3725 ... TYPO error
Comment:
NASDAQ also has a bullish bat at 10550-600
Comment:
S&P bounce target done, now for the reversal trgt of 4000
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Dinesh_C_Nagpal
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