Market On Close - Tuesday 19 March

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In The Eye Of The Storm

by Alex King

Nothing really matters right now, because anyone sensible is either:

  • Working for Big Money and already knows what the plan is once the FOMC press conference completes tomorrow, or
  • Follows Big Money and already knows to not take anything seriously until the FOMC press conference completes tomorrow.

Only monkey-click traders are trading with any gusto right now.

So, we'll run through our usual charts as of a little after the close today, but really and truly, it's tomorrow's close and then Thursday, Friday closes that will show the way. Today's charts are a great way to prepare; whether you're planning to hedge or just ride it out, you can use the work below to make a plan.

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Short- And Medium-Term Market Analysis