RPV pure value etf interestingly holds pre-pandemic upchannel
The S&P500 pure value ETF holds 3 supports:
1) the lower channel of pre-pandemic upchannel MINUS the black swan event
2) the 0.286 Fib reversal from pandemic low to ATH
3) my GANN line
FOMC meeting will be the game-changing event. The market may have already priced in a 75 basis point hike & a rally may pursue till the next Nov FED announcement of whether to hike another 75 or 50 points.
Not trading advice
1) the lower channel of pre-pandemic upchannel MINUS the black swan event
2) the 0.286 Fib reversal from pandemic low to ATH
3) my GANN line
FOMC meeting will be the game-changing event. The market may have already priced in a 75 basis point hike & a rally may pursue till the next Nov FED announcement of whether to hike another 75 or 50 points.
Not trading advice