IEF/LQD -Daily, Inverted (Financial Conditions) 01/23/2023

Markets-Sniper Updated   
This chart shows IEF/LQD ratio (Inverted) With the SPY overlayed so you can compare how when financial conditions ease (as they are) then the SPY will react as it is, positively.
So today we get the "Powell Howell" the FOMC Presser. I assume we get 25 hike as most. The presser should set the stage for next steps. I am going to continually come back to thhis chart and use the "Play" button to see if the FOMC can actually bring down financial conditions to ease

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