US500 TECHNICAL ANALYSIS SHORT TERM VIEW
US500 has strong support 4304 TO 4420 levels as green box marked in graph .At top level double zigzag correction formed so it should jump for 4824 level without touch 4209 level.Positionally or intraday purpose we can buy it with stop loss 4209 expecting rally upside for main target 4824 level.
QUICK FUNDAMENTAL LOOK
U.S. stock indexes edged lower Friday to end an ugly week after the Federal Reserve signaled it may not be done hiking rates.The S&P 500 fell 0.2% Friday and closed down 2.9% for the week, its worst performance since March and third straight weekly loss.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.