S&P bottom forming soon due to FOMC meeting and other technicals

14 Mar 2022US500



Death cross markes the bottom now or shortly after.

Fibonacci retracement down to 38,2% possible.

FOMC meeting on Wednesday.

I'm shorting S&P 500 with a TP at 4000 USD, possible going down to 3800 USD.

Timeframe: This week.