I think the only way this market will tank is if they raise by 1%, if not we should have a good rally.
Anyone dare have a position into that FOMC statement even with a 30 point cushion? That CPI drop last week was humbling. I wonder how much slippage those with a stop below market got on that day?
$SPX gotta show me more than close above Friday's close/high on below average volume no less. Still below Thursday's close sheesh.
We're also above Sept 6th low Doesn't mean much but ... Bullish short term IMO Bears didn't push much below previous low. Doesn't mean they ain't gonna push some more.
Where a market closes matters (until the next trading day opens anyway) and it didn't close above Sept 6th close.
First you say closes don't matter, Then you talk about Sept 6th close ? Okay ... How do we say ... Fuck off ?
Actually, I don’t. I usually don’t hold positions going into such a report, although I do think that the move last Tuesday was an outlier. Hence why I asked. I think the most slippage I ever got during RTH was 3 points on a fast drop, but that’s also unusual.