Previous market update here
We got a warning sign yesterday from our options tool, hardly 2 days into this "buy" signal. But, no sign of VST/ ST signal change yet. So, we remain put. Especially considering it is a FOMC day. We reiterate again that we don't trade around FOMC. We do have 2% and 5% stops for ST and IT frames.
I am all ears on what the Fed chief will say about our economy. It is just that we don't trade what they say.....GLTA!
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