Market Analysis for Mar 15th, 2022
Same parameters since Monday for EOD* close
Bulls need daily close above 4285š
Bears need daily close below 4150š
When in between, main thesis remains same 4150-4185 support vs 4250-4285 resistance stuckfest. We capture a few points here and there as shown in morning setups.
Tomorrow FOMC 2PM, hopefully range expansion soon with an ideal capitulation? But everybody sees itš¤š¤
EOD close = 4pm NY time