Wednesday, March 20, 2019 8:40:04 AM
history often repeats
fed day
scott gilliam Danno Sheeny-major top if history repeats
the first 15-30 mins is a move in the opposite direction of how it will
trade then trade the other way.
often not always the market will up after a down FED day.
Since the market already pulled back already inventory has been adjusted
The FED will do everything it can to rally
Danno Sheeny
Last time IWM and SPY moved out of sync, was back back late September – early October of 2018 . Note that the same thing was taking place then.
IWM started a down trend on 10/01/18 was on the third day following a 0.25 basis point rate increase by the FOMC.
From that day (10.01.2018) it got pretty ugly for all the indices.
fed day
scott gilliam Danno Sheeny-major top if history repeats
the first 15-30 mins is a move in the opposite direction of how it will
trade then trade the other way.
often not always the market will up after a down FED day.
Since the market already pulled back already inventory has been adjusted
The FED will do everything it can to rally
Danno Sheeny
Last time IWM and SPY moved out of sync, was back back late September – early October of 2018 . Note that the same thing was taking place then.
IWM started a down trend on 10/01/18 was on the third day following a 0.25 basis point rate increase by the FOMC.
From that day (10.01.2018) it got pretty ugly for all the indices.
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