S&P500 Expert Lounge Update – September 20, 2017

Good morning everyone,

These are key timing for today:

These are key MA levels:  5EMA 2501, 10DMA 2488,  20DMA 2470, 50DMA 2265, 100DMA 2440, 200DMA 2378

These are key Fib Levels: 2509

These are key primary and intermediate levels: 2491(intermediate minor), 2457(intermediate minor), 2440(intermediate minor), 2424(intermediate minor), 2410(intermediate minor), 2404 (intermediate minor), 2384(intermediate)

Here is today's market look at the S&P 500 for Wednesday, September 20, 2017

 

With the FED press conference after the meeting announcement this afternoon, there isn't much to be expected from the market until then.  2491 and rising support is still there for sellers to aim for and nothing overhead with the exception of broadening resistance and round number psychology.  Data we have Existing Home Sales at 10:00AMEST, EIA Petroleum Status Report at 10:30AMEST, FOMC Meeting Announcement at 2:00PMEST, and Fed Chair Press Conference at 2:30PMEST.  Good luck today!

Primary and Intermediate Levels Detail

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