Analysis of #US100
The NASDAQ tested trend line resistance and now waiting for the FED meeting to decide what is the next move will be, not expecting a major move before the meeting.
Currently, the market expects a 0.75% raise, but the press conference is very important.
I am watching the market to see if we can test the first support level, near 12200 to start looking for a buy, if that 12200 level did not hold, 11700 will be the next support level to look for a buy, also the trendline support level.
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