EPISODE · Oct 29, 2019 · 22 MIN
Waiting on the Fed
from MyStrategicForecast
In this episode of Common Sense market analysis will take a look at today's market, even though there was a very narrow trading range as we await the Fed or Kabuki Theater.The market made another new high today, and the big question around markets is will new highs continue or where will the high ultimately be and will we have a reversal in this market?The analysis found here is strictly of a technical nature using just the Candlestick charts and moving averages. Other technical analysis use wagging indicators which we choose not to use we like clean charts it's made for beginners but appropriate for Traders of all skill levels. You can always Teach an old dog new tricks.This week on car we have the Federal Reserve or fomc scheduled to give their announcement Wednesday afternoon. It's customary for markets to remain rather quiet leading up to the FED announcement. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
In this episode of Common Sense market analysis will take a look at today's market, even though there was a very narrow trading range as we await the Fed or Kabuki Theater.The market made another new high today, and the big question around markets is will new highs continue or where will the high ultimately be and will we have a reversal in this market?The analysis found here is strictly of a technical nature using just the Candlestick charts and moving averages. Other technical analysis use wagging indicators which we choose not to use we like clean charts it's made for beginners but appropriate for Traders of all skill levels. You can always Teach an old dog new tricks.This week on car we have the Federal Reserve or fomc scheduled to give their announcement Wednesday afternoon. It's customary for markets to remain rather quiet leading up to the FED announcement. Hosted on Acast. See acast.com/privacy for more information.
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Waiting on the Fed
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