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As expected, the Fed Mtg on Wednesday certainly gave us some dips to work with. We saw both strength and weakness as a result.
SPY - This was a tough dip to ride 'real time', but the markets closed back at the highs.
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Alex - Chart Freak2015-10-29 13:53:072015-10-29 13:59:27Riding The DipsWhat can I say here when we all know that charts could be quite different after the Fed Mtg on Wednesday? Lets just review some expectations.
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The SPX, Dow Jones and NASDAQ have recovered nicely from the summer sell off, but a few areas have yet to catch up (If they are going to). I showed this rather bullish looking set up yesterday, but...
Today the TRAN , IWM, and IWC sold off nearing the close. Is it a fake sell off or is smart money heading for the exits Pre-Fed? Lets take a look...
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Alex - Chart Freak2015-10-28 11:39:542015-10-28 11:39:54Hang On Kids- Its Fed Wednesday!Not a whole lot has changed since my Weekend report. This is a week with a Fed Mtg on Wednesday, and I dont usually expect a lot of action until the deed is done. My weekend report covered a couple of different scenarios going into the Fed Mtg, so lets see how things played out on Monday.
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$USD - 2 left translated cycles and then a strong surge higher with news from the ECB & CHINA last week. We are pausing at resistance. Is the USD waiting on the Fed?
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Alex - Chart Freak2015-10-27 11:46:422015-10-27 11:47:51Ready To Run?
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