Key Levels To Watch Going Into The FOMC Rate Hike
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Key Levels To Watch Going Into The FOMC Rate Hike
Key Levels On SPY And QQQ Going Into The FOMC
At 2 PM EST, we will find out if the FED will hike rates by 75BPS or 100BPS.
As support and resistance levels do not matter too much if the FED does a 100BPS hike because the market could be in a panic and Technical Analysis/Charts could lack any edge.
If the FED does the expected 75BPS hike then we want to be prepared.
We are going to be brief here but, I wanted to share some areas where I think supply or demand can come in.
We will discuss levels for:
/ES
/NQ