SP500 is at last resistance at 984 as high which if taken and held will move to 989, If taken 997 is next R and finally the top area. NAS is close to all time high. The DOW has several R lines left. DAX and FTSE are holding within the long down trend but took rally highs Tuesday and now hesitate to go higher.
A very delicate situation which likely will be solved at 19:00 when FOMC Meeting announcement comes. Thursday Janet Yellen will speak at 14:00 after GDP and Jobless claims are out at 13:30.
Market expects good news which can lift the market further today at 19:00 or start falling.
A very delicate situation which likely will be solved at 19:00 when FOMC Meeting announcement comes. Thursday Janet Yellen will speak at 14:00 after GDP and Jobless claims are out at 13:30.
Market expects good news which can lift the market further today at 19:00 or start falling.
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