SPDR S&P 500 ETF TRUSTUpdated Update on the markets - SPX
All in the video - wanted to get it out quickly - good luck!
Note
bears want this level held - 411.50 on spy. 18ma decides the bias - bullish or bearish going into fomc. Note
18ma reached, let's see the close Note
tlry and msos both positive today, watching the MJ stocks closely for a pop on newsNote
overnight was a bounce back and the rsi on small/mid time frames are too low. I still expect something like this today - one more high on SPX/SPY at least. Banks may get the most lift on any rally....Note
if we do sell off with the announcement, there is structural support near 4115-4110 tradingview.com/x/IV2vBSop/. At this point I do think we'll go higher regardless of any sell off.Note
more chop, maybe this kind of ping pong Note
spy has a gap above, so something like this may occur. Best to wait for extreme low or high before taking a shot Note
pull down to make a divergence on the rsi still looks correct. I expect the market to sell with powell speaking, then recover and rally hard. 
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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.