FOMC Bounce Setup
Some slightly bearish indicators to start the week off.100-hour VWMA has essentially been flat for almost two weeks, bearish divergence on the 100-hour CCI and fisher transform.
Looking for a pullback to or below the $279 level before going long SPY/QQQ April calls for the FOMC meeting. With the FED, the president and the banks working in coordination to backstop any correction in this market, we can expect more of the same. Bond yields continue to be suppressed for a reason - to push cash out of bonds and into stock.
Looking for a pullback to or below the $279 level before going long SPY/QQQ April calls for the FOMC meeting. With the FED, the president and the banks working in coordination to backstop any correction in this market, we can expect more of the same. Bond yields continue to be suppressed for a reason - to push cash out of bonds and into stock.
Nota
May not get the pullback I desire here - IWM is a more attractive option at current levels.Nota
10YR yield got HAMMERED!!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.