.SPX: The Gap Will Be Filled Now?

MasterWU
09-18

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

1.

FOMC & GAP FILL:

(1) $S&P 500(.SPX)$ is overdue for a retest of 6500 support--which, I think a swoosh to fill the two gaps below would take place after FOMC;

(2) after 2:30pm, things may get erratic--now, with market's overheated bullishness syndrome, a bigger swoosh is expected.

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Well, a slump then rebound--almost filled the lower gap between 6532-6545.

So far, the bulls are holding very well--let's see what may change after sleeping on the news tonight. -- still bet that the lower gap will be filled tmrw, likely gapping below it.

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