I'll keep this brief.
The US market closed up.
We have FOMC for the next two days. All will be looking to see if we have new stimulus for the economy.
In the FKLI, we are trading at near all time high. There is a chance we might break there today so be on the look out.
If they open this just a bit higher, the market may rally if the regional does do too especially the Dow. Dow is now down about 30 as of now so be careful.
I have no position on and will see how the levels are holding later.
Trade safe..
Here are the levels today:
FKLI:
Upper Resistance: 1602, 1604, 1607, 1610
Lower Support: 1598, 1595, 1593, 1591, 1589, 1587
Cash Index
Upper Resistance: 1598, 1600, 1602, 1604, 1609
Lower Support: 1595, 1592, 1590, 1587
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