Morning Ideas June 14, 2022
Good morning traders,
Eventhough we are balancing down here, I still think there is pressure on this market. I believe 3700 is the key level below us, but you can throw that out the window if we get a 75 basis point hike tomorrow by the FED.
I would expect us to continue to see "risk off" in front of the minutes and statement tomorrow at 2pm eastern.
Eventhough we are balancing down here, I still think there is pressure on this market. I believe 3700 is the key level below us, but you can throw that out the window if we get a 75 basis point hike tomorrow by the FED.
I would expect us to continue to see "risk off" in front of the minutes and statement tomorrow at 2pm eastern.