XJO 0.32% 7,988.1 s&p/asx 200

XFJNow on high for a potential reversal, we have enough...

  1. 178 Posts.
    XFJ

    Now on high for a potential reversal, we have enough gyrations, but with the FOMC overhang, it appears the world is waiting.

    FOMC is a joke, we are held prisoner to some prats in an ivory tower.

    Personally i am looking to sell the event, the last FOMC spike in Spet was met with a near 1000 point sell off on the DOW, i am expecting the same. History shows us these FOMC events tend to setup major reversals.



    XJO

    Ideally we see a small spike higher, but i will give the benefit to the bulls above 5350.

    All on the FOMC, but setup is suggesting "sell the FED"

 
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