E-MiniS&P Bounced at $5042, a S/R level shared last Friday

SmartReversals
05-02

$E-mini S&P 500 - main 2406(ESmain)$ Bounced at $5042, a S/R level shared last Friday.

A gap down is good for $S&P 500(.SPX)$, even better with a doji, as futures suggest as of 9AM.

But it’s FOMC day, it would be odd to see a daily doji.

$5042: Interesting level to watch for E-MiniS&P.

For $E-mini Nasdaq 100 - main 2406(NQmain)$: $17,356. Also shared last Friday in the weekly S/R Levels edition.

$SPDR S&P 500 ETF Trust(SPY)$ : $499.2

$Invesco QQQ(QQQ)$ : $419.1

https://twitter.com/SmartReversals/status/1785660396453445671

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