FOMC meeting tomorrow could create some
volatility. It could push us into the
upper end of my resistance zone between 5445 and 5540. I’d prefer to look for a short trade within
it. However, you could consider entering
a small bearish play with a break below 5344.50. That’s the 361 Fib combo and is shown on the
chart below with a small line.
Tuesday, March 14, 2017
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