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BowlSmart9624 t1_iyawqx7 wrote

Reply to comment by Fun_Bed9734 in 11-29-22 SPY/ ES Futures and Tesla Daily Market Analysis by DaddyDersch

391 seems like would be a good support if fed is hawkish but if we break through that will get ugly

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DaddyDersch OP t1_iyazdog wrote

390.1 is a major support to watch for a bounce at

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Fun_Bed9734 t1_iyaxn0i wrote

That's why I chose a 391p. It seems the 20ema and 100ema are at 390 and 391 area. Let's see what tomorrow brings. I do believe PCE will show another sign of inflation going down too, but what JPow says will be very important

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