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SPY: Analysis pre/post central bank meetings & FOMC

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
GroundNinja  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) FOMC DXY S&P 500 E-Mini Futures SPX (S&P 500 Index) BTC
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SPY 4Hr: Market has pointed lower leading into anticipated interest rate hikes courtesy of the Federal Reserve. Asia Pac indexes hinted at the fear of headwinds of further imposed costs. The U.S. Dollar index's continued climb upwards, increased 10-year Treasury yields, average highs for U.S. mortgage rates, and elevating VIX reflect risk off sentiment into today's open. KL's to upside: 384.90, 386.49, 390, KL's to downside: 381.28, 378.84; with watch into demand zone where breach of <375 could see more follow through to the downside// Bias: Risk Off
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