The FOMC tried very hard to sound dovish yesterday but with the bull market largely based on ultra-expansive monetary policy and no new action on the horizon it was not enough to keep investors happy. The Fed effectively pledged to keep 0% interest rates through 2023 but equity indices still declined, a move that was extended after president Trump suggested he didn’t like a solution when the Chinese company maintains a control of the US TikTok operations (denying earlier rumors).
Investors should pay attention to the 10930 level on US100 where bulls managed to counterattack twice. A break of this level could drive the market to 10000 level fairly quickly.

Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher
Oil surges 11% amid escalating Middle-East conflict 📈VIX gains driven by fear on Wall Street
BREAKING: Iran signals Europe will be 'a legitimate target' if EU joins war
Wall Street tries to stop the deeper decline 🗽Marvell Technology jumps 10%