I'll be trading cautiously this morning then finding something better to do with my time this afternoon. The FOMC statement comes out at 2pm est and that will usually make the market move.
Alan
www.livedaytradingroom.com
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Made a little cash this morning but wasn't able to catch that breakout we had. Looks like we may be moving sideways till the FOMC.
ReplyDeleteAlan
www.livedaytradingroom.com
Looking at a daily chart, there should be strong resistance around the 874-875 area. If we stay below that today, we may see some selling the next few days.
ReplyDeleteAlan
www.livedaytradingroom.com