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DanGramza
Sep 22, 2022 12:28 AM

Sellers are here Short

E-mini S&P 500 FuturesCME

Description

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.
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