FOMC - MARCH 22, 2023 -US30 DOW JONES INDUSTRIAL AVERAGE
Hello Traders,
As we approach FOMC and rate decision today, 2pm March 22, 2023
there's a possibility of continued rate hike to curb inflation and that could
send Stock Markets down.
Key Points:
VIX - Volatility Index is bullish for the week
Commodities - Bearish for the week
A rate increase is favourable for USD from an Investor's perspective. Overall economic outlook is bearish considering global world issues i.e: Russia/Ukraine, recession, inflation, etc.
Chart analysis shows clear picture based on trend lines, BOC, CHOC, and imbalance areas from prior week.
Anyways, always trade what you are comfortable with losing.
Until next time!
The Trading Regime.
As we approach FOMC and rate decision today, 2pm March 22, 2023
there's a possibility of continued rate hike to curb inflation and that could
send Stock Markets down.
Key Points:
VIX - Volatility Index is bullish for the week
Commodities - Bearish for the week
A rate increase is favourable for USD from an Investor's perspective. Overall economic outlook is bearish considering global world issues i.e: Russia/Ukraine, recession, inflation, etc.
Chart analysis shows clear picture based on trend lines, BOC, CHOC, and imbalance areas from prior week.
Anyways, always trade what you are comfortable with losing.
Until next time!
The Trading Regime.