Sellers are here

CME_MINI:ES1!   S&P 500 E-mini Futures
Sellers enter the market on Wednesday as the S&P 500 absorbed the Fed commentary and increase of 75 basis points to the interest rate. The S&P 500 is indicating concerned about the future after the feds explanation of what they see going forward which are potentially large increases in interest rates. I am not looking for a dramatic move down because the market has absorbed the news and it will need something new to respond to 2 create a big move down.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.