Hello Everyone,
Round trip action today with the SPX/QQQ falling down to their respect support levels and then bouncing back later in the afternoon to end with fractional losses. QQQ finally moved down to fresh demand on the daily chart where buyers took action and the SPX bounced near it's rising trendline. Both the SPX/QQQ closed with dragonfly doji candles but below their respective MA's so they still have to reclaim supply overhead. FOMC tomorrow so expect some fireworks.
ES key zone 4497/4504 (4500ish) to reclaim for more upside with 4513, 4524/32 other levels.
Please take a moment to look at the trade ideas.
