S&P 500 Pricing in FOMC

23 בספט׳ 2022

The S&P 500 has taken another dive, digging deeper into the 3700's. We should have further support at 3694, with resistance at 3758. We should be seeing a further selloff as the market prices in a more hawkish fed. Yields are rising precipitously and risk on assets are selling off in response.