SPDR S&P 500 (SPY): gap up tmrw wouldn't surprise me. but a...

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Re: GuTA post# 222445

Monday, 12/05/2016 3:39:36 PM

Monday, December 05, 2016 3:39:36 PM

gap up tmrw wouldn't surprise me.
but after the selloffs last week
i'm wary of how much higher SPY can run
until we get the dec14 FOMC verdict.

while i agree that FOMC might surprise the market and kick can again,
fed futs traders seem to be betting 95% odds on 0.25 bump dec14:
http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

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