Sat, 27 May 17, 02:35:22 AM UTC
Subscriber: Log in
04-30-14 SPX Daily Headline Chart

April 29, 2014: Most market participants remained sidelined awaiting reaction to today’s (Wednesday) FOMC meeting announcement.

04-30-14 SPX Daily Headline Chart

Most market participants remained sidelined awaiting reaction to today's (Wednesday) FOMC meeting announcement. SPX floated higher but stalled at a defined daily descending trendline. Until this trendline is violated, Sellers remain in control (but tentative control dependent upon reaction to today's FOMC meeting announcement and Friday's Non-Farm Payroll report).

Comments are closed.