“The secret of success is to be ready when your opportunity comes.” – Benjamin Disraeli
No change to what we discussed in our latest weekly outlook video as we head into FOMC. Remember that what is going to be interesting is not necessarily how markets react today but how they close the week/month. If you are not familiar with FOMC reactions, a useful exercise is to go back in time and see how price reacted not only on the day but more importantly, in the next 24/48 hours.
Apart from the usual suspects, here are some of the charts we will be discussing today:
As always there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.