I expected kind of a nothing day ahead of all the data that started after hours and of course the FOMC. That’s not what happened. A 10 minute SPY chart tells the story perfectly… Flipping back to daily you have an obvious short sale as it bumps up and fails at the 50 day.
Financial News vs. Noise
Financial News vs. Noise
Financial News vs. Noise
I expected kind of a nothing day ahead of all the data that started after hours and of course the FOMC. That’s not what happened. A 10 minute SPY chart tells the story perfectly… Flipping back to daily you have an obvious short sale as it bumps up and fails at the 50 day.