.SPX: The Real Move Will Come

MasterWU
09-17 10:24

Hello everyone! Today i want to share some technical analysis with you!

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Back inside the GAP again---expect a big swing (1%) post-FOMC to shake off weak hands.

The short-term setup: the 7580 low needs a retest, but if it happens, that would be a VERY buyable dip.

7816 will be reteseted again in the near future--that is when BIG BEAR will be back $S&P 500(.SPX)$

A hike, as expected.

Don't be fooled by the muted reaction so far, as most the volitilities takes place 5-min into the presser.

Also, now it is the time to burn those 0dtx option premiums, which is huge amount.

Once that is settled, the real move will come.

EXACTLY AS I EXPECTED.

Hit 7520 after presser.

Now, decision time.

2

MPW Mid-week Update Posted:

(1) post-FOMC market reactions happened based on script--SPX hit the spot, on time and on target--well, I missed it by 13 points and 20-min.

(2) the real move will happen tmrw and Friday, when more shakeups happen.

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