Replies to post #21431 on SPDR S&P 500 (SPY)

[sammy1024]

thanks eom

[Nirvana]

Denmo ... add to FED day pattern

More often than not, the initial spike and hence the third spike and close is in the direction of the trading all morning i.e. if the market opens UP and stays flat (green), close should be green.

[learningboutinv]

Denmo,

I guess since it looks like everything is going green after 2:15PM FOMC announcement (down-up-down) the next day will be the opposite of today's closing price. So does that mean we go down tomorrow??