Just a Couple of FOMC Day Comments

Just a few comments for today:

  1. In the overnight session, $ES has managed to tiptoe past the local trend line (green).
  2. While my expectations remain that will work our way toward the target ranges (orange boxes, first noted here), FOMC day is inherently unpredictable and literally just about anything can happen. We often have a big whipsaw, but we sometimes do not.
  3. So, I won’t have much to say and we’ll just have to see how things work out.


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.

Leave a Reply

Your email address will not be published. Required fields are marked *