After the release from the Federal Reserve last night US stocks and indcies fell after the news that the Fed plan to intrudcude rate hikes sooner than expected. This has caused the SPX to fall by 2.57% towards the low 4700 levels. This level has acted as support beforehand, this coupled with oversold RSI levels on the 4hr the time frame and the S&P500'S tenacity of late indicates to me that a rise back up to all time highs are likely. The stop-loss area for this trade is at 0.5%, to mitagte lossess incase the fundamental data that releases later on today push US stocks down.