Are traders looking for a post Fed sell-off
from MyStrategicForecast
After a gap down right out of the gate, markets recovered very quickly back to the top end of the range cited for InsideTheNumbers members before the opening bell. Wednesday will be important since we hear from the FOMC on their interest rate announcement and subsequent statement. It's all really just a bunch of nonsense, but if everyone's paying attention, then everyone's paying attention. It's what the market, the charts and the technical analysis says after the announcement that will provide the environment to make a buck or two... We provide common sense technical analysis on many different markets using charts from various time frames to give traders and investors the most comprehensive look at what today's market is doing. Whether you're a beginner or advanced trader, each and every day there are lessons to be taken away from the in depth market analysis where we look at the market from a unique lens.
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