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All About The J-Man
Today nothing matters other than what Chairman Powell says this afternoon. At that point markets will go nuts in both directions sequentially, and then settle down to head off in the direction they were going to go anyway. Generally speaking volume is light on Fed days and headfakes abound. So let's just see how the charts stand right now. We also ran through the indices live on our webinar yesterday - you can watch the video here.
Let's Get To It
Paying members, scroll right down for our latest take on markets. As always we look at the 10-year yield, the S&P500, Nasdaq-100, Dow Jones and the Russell 2000; we consider long-term and short-term outlooks, and we lay out staff personal account trading plans in each of the indices. We add Bitcoin and Ether futures pricing for good measure.
Note - to open full-page versions of these charts, just click on the chart headings, which are hyperlinks.