In this video, we review today’s market action after the FED Meeting. The FED kept rates unchanged as expected, but the press conference with Powell afterwards didn’t instill confidence in the market. Today’s FED meeting was supposed to give us a little more clarity, but so far, we are not getting it. How do we trade this crazy market?
Bears took the Bulls by the horns today. Out the woodshed they went. What’s next? Let’s take a look and see what kind of a plan we can come up with.
It’s always tough when you try to force an outcome — so do this to stop trying to force an outcome.
While we always like to see trends continues that’s just not the market we have right now. The environment is very tradeable, however, as long as we think daytrading and keep our levels crystal clear.