Wall Street: what will happen tomorrow with the Fed? The titles to trade

A certain caution prevails today on Wall Street in view of tomorrow's appointment with the Fed. What are your expectations?

The Wall Street game will now be played tomorrow with the Fed, when it will be necessary to evaluate carefully what the reaction of the equity indices will be.

The graphic layout is undoubtedly positive and leads us to think of the possibility of witnessing new historical highs for the three main indices, provided that no nasty surprises arrive from the Fed.

If, on the contrary, Powell's indications were to disappoint, then there will be a more or less pronounced decline in Wall Street.

I reiterate that from a graphic point of view everything plays in favor of new historical records, but until tomorrow the indexes will hardly move much before the appointment with the Fed.

My view is more bullish than bearish and I do not believe that the American Central Bank is going to ruin the current Wall Street picture, given that this would not be appropriate for anyone.

Looking at individual indices, the S & P500 is the best currently, as compared to the others it is updating the highest ever.

A first support can be identified on the previous tops in the 3.027 area, with a subsequent support of 3,010 / 3,000 points.

A retracement up to the latter threshold will be compatible with a recovery of purchases with targets at 3,080 points before and 3,100 points later.