We may... or may not have done a similar trade dozens of times..... ; )
FOMC meeting stuff is happening today. If I had to guess, the only outcome would be a strong lower wick on the markets from buying. This has also happened many times before. So, at this level, if the market does sell off a bit, it's already down for the day so could retest some tomorrow.
FOMC meeting stuff is happening today. If I had to guess, the only outcome would be a strong lower wick on the markets from buying. This has also happened many times before. So, at this level, if the market does sell off a bit, it's already down for the day so could retest some tomorrow.
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