Past 2 nights have been testing the critical sappork level of 4300 in s&p 500, but unable to breach as both nights closed above the sappork level..
The upside prevails as long as 4300 is sappork, tonight will see rebound..
Also, the market has already priced in the interest rate hikes so later tonight when Fed announce rate hike it won't bring down the market, but market will rebound instead because it's within market expectations..
Bottomline even after pricing in the rate hike, market bottom is 4300 points s&p500, the sappork level..