The market is weak overnight and may even continue somewhat lower but should regain its footing and climb to challenge SPX 2200 or a bit more over the next couple weeks.
Today the main events are the FOMC statement to be released at 14:00 and the press conference at 14:30. I lean to there not being a hike but the q&a in the press conference implying that it is very close. Till then, there probably will be few trade opportunities aside from perhaps testing the top […]
The market went on to push higher in the morning yesterday as expected but then went on to test deep support. That doesn’t change the theme of higher into tomorrow and the equity index futures have been up overnight as would be expected if that was true. However, it is also possible that they remain […]