This Is Why I Don’t Care What The Fed Does On Wednesday.
Either way, I’ll look to utilize this setup to take advantage of the move.
Either way, I’ll look to utilize this setup to take advantage of the move.
From corn to crude, natty gas to silver, here are the trends and levels to watch as the markets anxiously await Powell and hope for just a 3/4 point hike.
Throughout summer it’s been when I have traded that has made the difference. Now with Fall trading volume and the uncertainty surrounding the Federal Reserve’s rate hikes, the shorter-term window is even better. In this video, I walk through another chatroom setup and the timing of the trade.
UAL is sandwiched between support & resistance. Here is a trade idea to take advantage of it.
Bearflag breakdown and recent dark pool selling suggests that price wants to go lower. But how are we going to get there?
This week we will learn the decision concerning the latest rate adjustment. The market seems to be pricing in a 75 x 100bps uptick and we will soon know the answer. Until then I see risk squaring and that is what I will try and prepare you for in tonight’s market update.
There will be plenty to do this week with the FOMC decision mid-day Wednesday, but let’s not lose sight of some other big moves happening like the one in Coffee. Energy and Metals still look to be offering some opportunity and there is reason to continue to watch the Ag’s.
AAPL finished the day at a confluence of both Voodoo Lines and measured Fibonacci levels. This is a decision level to watch.