What’s ahead with this week’s Fed event?
In this video we’re looking ahead to a week where the Federal Open Market Committee (FOMC) might be setting up more market volatility. What’s really interesting in this environment is that we have two different groups of indices and their erratic behavior.
We have the choppy indices in the Dow and the Russell which are not trending. In fact, the Russell is the weakest, the Dow choppy near the upper end of resistance, the S&P 500 is in enough trend making new highs, and the Nasdaq is in an up trend, also making new highs.
This would probably be in some way the most unusual set-up that I’m looking for...
