No Real Change Here
It’s Fed Wednesday, and so far there is no real change here, going into that decision. SPX – No real change in this chart, but there may be a change of character. We have the Fed decision Wednesday and Quad witching Friday to pop this above the 200sma, or drop it down to maybe […]
Partly Clear And Partly Cloudy
The short term trade set ups seem pretty clear, but with that Fed Wednesday Meeting rapidly approaching, the end of the week could host a number of reactions. Lets see how things are currently unfolding . . SPX – This bearish wedge was forming last week (March 9 chart). The SPX did drop quickly and […]
There It Is Again
Well, after several weeks of good trading , it appears again. Yes, I’m taking about that Elephant in the room – only this time things He’s levitating as we head into the Fed Mtg this Wednesday. Lets take a look at our markets, keeping in mind that we do have a Fed Meeting this week. […]
