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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble13/16/2024 7:10:46 AM
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Lou Weed
rdkflorida2
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Sonali

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H1 Blab: Well, we had another inflation scare over the last couple of weeks. That’s ALL in the markets now as we head into the FOMC meeting. Expectations are LOW. Powell will say they must be patient. Will he do a Big Ugly Bear Growl?

Unlikely, IMHO!

That provides a set-up for UP. Calls have expired. The option market makers have pocketed their cash. Monday would be a good day to start dealing a new hand.

The R2K, especially, looks ready to blast off.

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