Morning all,
Full TA in the video as usual. Some notes:
- Keep an eye on the CPI date which will be released in under an hour
- FED decision on inflation tomorrow, 50 or 75 BPS
- SBF hearing today? What will be revealed and will it affect the markets?
- Bitcoin, SPX, ES1, Nasdaq all trading under heavy resistance. The markets will need positive news from the FED to get above this resistance.
- Watch out for head and shoulders on the SPX, ES1
- Long term pattern is a falling channel, short term pattern is a rising wedge
- Lot's of Binance FUD - keep an eye on Twitter for news
- No trade at the moment - waiting for FED news.
Be patient and stick to your strategy!
Please hit the boost button if you like this update.
Back tomorrow.
Thanks
SIMON BPOI
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