Pre-Fed Keep It Light

September 20, 2022
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The market action will be dull ahead of a 75 basis point rate hike Wednesday

PRE-OPEN MARKET COMMENTS TUESDAY – The SPY broke a key support level at $390 last Friday and we are likely to test the low of the year in the next few weeks. The S&P 500 is down 25 points before the open.

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