Public Post: FED (FOMC) Random Thoughts #FOMC $SPY
Earlier this week I certainly thought that the markets were waiting for the Fed Decision on Thursday before making any big moves. Yesterday, Oil, Energy, and Precious Metals jumped the gun and were off and running! WTIC – The set up was a Bull Flag pinched between support & resistance. Oil is not waiting […]
FED- EX (pectations)
I'm sorry if you came here hoping to hear an opinion on the FED EX company. I am actually here to point out that I am expecting some strong movements later this week as a result of the FED EXPECTATIONS. Some are expecting an interest rate hike and others are expecting no change. So far we are seeing a sideways move in most markets leading up to that big day this Thursday. I wanted to share some charts that were in my recent weekend report. They may help us to anticipate the reaction after Thursday. Lets look at charts.
.SEPT 2 - I pointed out the topping action in the markets last Spring & early Summer. After the initial drop, it should likely lead us to expect volatility, possibly even sideways for a long period of time. We have that now.
I want to point out what I am looking for next...
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