Green Day? T-1 FOMC Decision

Correct Position Sizes Matter

We have rarely seen a day that starts all green on our boards end up all green by the end of the day, will today be different? What has generally occurred is that the mornings euphoria fades and by the end of the day sellers used higher prices to reset shorts. We aren’t sure if today’s rally across pretty much all of the complexes we follow will last, but its a new month, FOMC is here and it seems some have taken this opportunity for wishful “pivot” thinking. Here is a current snapshot of the markets we follow:

Source: CQG, Econemotions.substack.com