Hello Everyone,
No changes in prevailing trend (down) today with the SPX and QQQ now both below their respective 50 day MAs. Bulls want to reclaim and get back above their respective 9 day EMAs for starters. The QQQ held above recent lows while the SPX breached.
FOMC minutes tomorrow afternoon.
ES 4463 4480 first levels overhead with 4442 and 4430 initial support below.
Please take a moment to look at the trade ideas.
