the FOMC idea - SPX, BONDS, WHEAT, GOLD, DXY, BTC
Updated
Fomc is at 2pm today. Many are expecting a rally, and that could be - but be careful of a pump and dump. Another option is it just dumps to 3700 quickly which for me would be a buy zome. Bonds may be close to a turn and Powell may signal something dovish to that market today, Wheat looks good and now we are expecting pullbacks to be bought, Gold also looks good for a rally and DXY looks ready to pullback soon. BTC also holding support at that 19k level.
Good luck!
Good luck!
Comment
wheat holding support Comment
If no bounce, expect a rush to the exits - 3700 area would be a buy Comment
rush for exits, 374ish should be tomorrow
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.