S&P 500 Technical Analysis Review 6.9.2020 (Coiling Up On 30 Minute Time Frame)

Lets review the price action of the S&P 500 using technical analysis. Today's date is June 9th 2020, the first day of the two day June Federal Open Market Committee meeting (FOMC) that create economic projections.

The SP500 has been on a 50 day tear recently and is due for a pull pack. we will look into the daily time frame and the thirty minute time frame to get an idea of support and resistance levels heading into the following days.

I do these stock market forecast videos of the S&P 500 daily. I use technical analysis to give myself an idea as to where the market may be heading.

TIMESTAMPS:
○ Intro: 0:00
○ SP500 Daily: 00:16
○ SP500 30 Minute: 03:21
○ Thank You: 07:07

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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time.