Tagged "FOMC"
THE BOTTOM LINE, THE SHORT-TERM TREND IS DOWN.
FOMC tomorrow, usually up until the rate announcement at 2:15pm ET then rollercoaster show then anybody’s guess. [Read the Rest]
...Tomorrow is FOMC, which generally was bullish, up 16 out of 24 (67%) since the March 2009 bull market.
A potential VIX BB sell setup is in the making. [Read the Rest]
...THE SHORT-TERM MODEL BELIEVES THE TREND IS UP, HOLDING LONG POSITION OVERNIGHT
FOMC tomorrow 12:30pm ET, generally up to that time then roller coaster show then anything is possible, so let’s wait and see. [Read the Rest]
...SHORT-TERM: LOWER LOW AHEAD BUT COULD BE GREEN TOMORROW
Three cents:
- Big picture is unclear for now. Not sure if the rebound was over we are heading to SPX 1,000 or it’s just the 1st up leg over, after the pullback we shall see the 2nd leg up.
SHORT-TERM MODEL SEES A DOWNTREND, HOLDING BOTH LONG (TRAPPED) AND SHORT OVERNIGHT
The bottom line, today’s action confirmed what I speculated last night that a top of some kind was in. [Read the Rest]
...SHORT-TERM MODEL HAS NO IDEA ABOUT THE TREND, HOLDING BOTH LONG AND SHORT (TRAPPED) OVERNIGHT
FOMC announcement tomorrow, so anything is possible, generally more likely to be green (73% chances) though. [Read the Rest]
...
