With CPI coming in hot and the fed having FOMC next week I don't see how they don't raise by 75 BP.
MACD is in a downtrend, as well as the RSI being slightly oversold.
This market is so unpredictable, the problem is its going to take time to see results from the rate hikes. I do believe the fed could over do it.
for resistance and support it looks like 390 is a strong support, while anything above 404 for me would be a bullish sign.
currently have put options that exp 11/18 @ 370 .
Good luck to all ! trade smart
MACD is in a downtrend, as well as the RSI being slightly oversold.
This market is so unpredictable, the problem is its going to take time to see results from the rate hikes. I do believe the fed could over do it.
for resistance and support it looks like 390 is a strong support, while anything above 404 for me would be a bullish sign.
currently have put options that exp 11/18 @ 370 .
Good luck to all ! trade smart
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.