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NAS - Technical Rejection of the Channel .5 - FOMC Eve

NAS - Technical Rejection of the Channel .5 - FOMC Eve

With the March 2020 drop as the reference point, price rejected the mid-point between the 2.65 and the 2.764 level after a double-top. Currently finding resistance at the 2 hour 8 EMA with the 2 hour 50 SMA above. FOMC tomorrow, status quo expected with "a long way away from our goals" to continue.

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