$NASDAQ $QQQ $SPY closed near key resistance, FOMC 2pm EST
- NASDAQ QQQ and SPY closed near resistance QQQ im looking at $311 daily time frame triple top.
- FOMC 25BPS tomorrow 80% chance, need to see in Powell's speech if this is our last hike or we get a pause, also information on the banking situation too.
- XLF is going to be key factor tomorrow for SPY's direction, went completely sideways today will break strongly in a direction tomorrow.
- i am slightly bearish here since we are right at key resistance but FOMC can change that in an instant, for ex we get a pause after this hike then we are very likely breaking that resistance if that happens i am bullish and going long.
- FOMC 25BPS tomorrow 80% chance, need to see in Powell's speech if this is our last hike or we get a pause, also information on the banking situation too.
- XLF is going to be key factor tomorrow for SPY's direction, went completely sideways today will break strongly in a direction tomorrow.
- i am slightly bearish here since we are right at key resistance but FOMC can change that in an instant, for ex we get a pause after this hike then we are very likely breaking that resistance if that happens i am bullish and going long.
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