ETF strategy for today's Fed reaction

I like having both bullish and bearish scenarios covered.

If the post-2pm reaction to today's fed announcement is bearish I'll buy UVXY TZA SQQQ. If bullish I'll buy SOXL and perhaps TQQQ.

Remember there's a whipsaw immediately following fed announcement, so the major reaction trend is often not strong until 15 minutes or so after initial reaction.

Personally I'm hoping for a big selloff so I can daytrade 1k+ UVXY from 15-17

 

Solid plan!

 

I like the drift the hour before the announcement.

 

To those of you who follow the news - what's the expectations from the FED today?

I'm bullish for the day regardless of the FED - but being a FED day everything is on the table...

 

Down when Powell's face shows up. Reclaim and go up later. I belong to the group that thinks there is going to be a small retest of circa 4550s before rallying higher as usual.

 

On the last statement we actually rallied higher into the FOMC statement. The prior ones sold off into the statement and then reversed higher. Let's see where the day takes us.

4550 today or later in the week/month?

 

In a week or 2 hopefully before Thanksgiving

 

I believe it's been a while since the market was this sluggish going into FOMC.

 

choppy af, typical prefed ....

 

buying uvxy here if bounces