fomc meeting 2 pm est today...gap up or gap down

for ppl that trade emini...place your bets here...gap up or gap down after 2 pm est today 11/1/23? i'm taking bets here fellas...

 

Only up obviously.

And we will be on EST next week.

 

so you place your bets yet or u just watching? if not, u got 25 more minutes to place your bets.

 

both

 

regardless of what they say, they prob looking at s&p just as intently as most ppl on here

thus after the recent selloff, my bet is they gonna soften the language considerably this time

that coupled with the fact many hedge funds which were going to sell had already dumped before this (ie. low supply), the steady verbiage is likely to give the basis for liftoff

i'd time it by buying the fakeout dip which the algos love to do before they pump it up

 

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Baked in. The trend is the trend.

 

You have the most unstoppable market ever. No red will hold. Will always be answered with a V so there's close to 0 risk. To answer your question hold a long position and buy every red bar as there is no chance any red can hold.

 

God how do you people trade this? PA is crazy erratic.

 

Yeah this is the new normal for the past year or so. To answer your question, I'm so convinced that the market will never actually drop, so when I see the sharp drops I know it will rip higher to counter that. I look at the market as a series of V's.