FOMC is coming this Wed. we have tons of important data coming this week as well too.
$E-mini Nasdaq 100 - main 2206(NQmain)$almost broke the recent lows. $E-mini S&P 500 - main 2203(ESmain)$also close to breaking 24th Feb lows which have held for 2 months so far.
$Volatility Index - main 2205(VIXmain)$also looks to be ready for another run.
But despite all this DXY also finally did a pullback after hitting 104 resistance. With USD pulling back to 101 or potentially lower, what does it mean for the indices?
what to expect now?
Do we go new lows or do we reverse here as a double bottom on the $SPDR S&P 500 ETF Trust(SPY)$? it's all explained in the video!
The stocks tagged in this video also have their technical analysis done! last week we had a week full of traps, this week we will get it too!
As always trade safe and invest wise!
https://youtu.be/el4Sj5K3LAo
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$Invesco QQQ Trust(QQQ)$$Microsoft(MSFT)$$Tesla Motors(TSLA)$$Meta Platforms, Inc.(FB)$$Apple(AAPL)$$NVIDIA Corp(NVDA)$$AMD(AMD)$
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