Name: Expecting More Pain But It All Depends On The Federal Reserve
Uploaded: 2022-05-03T05:30:28.704190
Channel: Linton_White
Description: The downtrend on the daily timeframe is in tact and there was a close below the 38.2% Fibonacci retracement level. This leads me to believe that we will see the continuation of the downtrend to the 50% Fib retracement level. All eyes will be on the Federal Reserve meeting this week as that will be the ultimate deciding factor.

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The downtrend on the daily timeframe is in tact and there was a close below the 38.2% Fibonacci retracement level. This leads me to believe that we will see the continuation of the downtrend to the 50% Fib retracement level. All eyes will be on the Federal Reserve meeting this week as that will be the ultimate deciding factor.

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