FOMC Preview: No Change to Fed Funds Rate
-
Most analysts expect there will be no change to the federal funds rate at
the meeting this week keeping the target range at 5‑1/4 to 5-1/2 percent.
Fed Ch...
2022-08-16
NQ Drawing Visible on 1-Min Chart
My top drawing was a general drawing, it holds no specific value other than the right shoulder is near a 25-percent rally target for the NQ. I do think the market is topping out here and I suspect it could be the top-top because of how extreme the momentum readings became. As I said yesterday, as long as you're buying out into October you're in good shape. Now's the time to be picking up cheap puts.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment