Replies to post #20071 on The TradingEdge

[jxyzobrien]

Events do effect market

Monster truck rally day
(FOMC) day

The track record in an up market on FOMC day is terrific. FAS
calls up almost 300% from yesterdays low. AAPL calls up almost
150% from yesterdays lows. GLD went crazy last FED day.
RSI 74 on spx 60 min so rally should end today or tommorrow.

Day after FED day is usually either nice selloff or sideways low
energy day.