ChartArt

Game plan if the FED delays the rate hike until December 2015

FX:SPX500   S&P 500 index of US listed shares
Cross of Time and Price resistance:

Pivotal area for the price if the FED delays the rate hike might be at the end of October 2015, with a trend decision in the middle of November 2015, before we head into the next FOMC meeting of the FED.

P.S. Zoomed-out chart version:
snapshot
Comment: Interestingly we have come back to the main and most pivotal price area (red line) three trading days before the next medium-term trend direction decision (arrows up/down):

snapshot
Comment: Same chart, zoomed-in into the current price area with the weekly close of Friday 13, 2015 where the market closed before the horrible Paris terror attack happened.

snapshot
Comment: The market is almost at the grand finale! It's Tuesday. December 15, 2015 - one day ahead of Janet Yellen's FOMC meeting about the FED rate hike. And the price has re-approached the red time vs price cross:

snapshot



Same chart, zoomed in:

snapshot
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