S&P500 futures has lost nearly 0.50% from the high of 2673 after slight weaker than expected Caterpillar earnings.Markets eye US Fed meeting on Wednesday for further direction. US Fed is expected to keep rates on hold and direction of the balance sheet which will have major impact on stock prices.The index has jumped more than 14% from low of 2334.It is currently trading around 2651.50.
Short term trend is bullish as long as support 2600 holds. Any break below 2600 confirms minor weakness and a dip till 2550/2530 likely. Any daily close below targets 2465/2437/2397. Any further bearish continuation only below 2330.
On the higher side near term resistance is around 2676 (300-day EMA) and any break above targets 2725/2742 (200- day MA).
It is good to buy on dips around 2635-40 with SL around 2600 for the TP of 2725/2740.


Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: GBP/NZD range to extend until there is game changing news
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/USD recovers but bears are not done yet again
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



