Still on sell signal but monthly option expiration could bring some volatility. I think by Monday 4150 area would be in play. After Fed announcement there is no reason market should fear this transitory inflation. Fed has to keep interest rate under 3.5% for next 3 to 4 years. Stay tuned. Farooq
Farooq This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.