December 20th – Post Fed Syndrome
I think that we knew that the Fed would raise rates, and I think that we had a good idea that there would be a’Reaction’. So let’s take a look at Wednesdays market action … SPX – This was my chart going into the FED WEDNESDAY. Day 34 Tuesday.
WEDNESDAY – FOMC DECISION
Today is the FOMC Decision, and even though the rate hike is supposed to be figured in, These markets are stretching out and could see a sharp reaction when the time comes. Let’s take a look at Tuesdays market action… . SPX – This small candle with a new low on day 34 […]
December 18th- No Market Turn Around (Yet)… FOMC Ahead?
The Dow was down another 500+ Points, and we see the general markets are at new lows again. This is not a surprise to us, I covered my thinking in the weekend report, so lets do a review and how things are playing out. We also have the FOMC meeting this Wednesday, so we will […]
