S&P 500 & Nasdaq 100 Price Setups: Will Powell’s Speech Trigger a Reversal?

[BECKHAM]

The S&P 500 and the Nasdaq 100 index are looking overbought and have run into stiff resistance areas, raising the risk of a minor retreat, especially if Fed Chair Powell’s tone later Wednesday is hawkish. What is the outlook and what are the key levels to watch?

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