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Old 11-02-2016, 01:43 PM   #1
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FOMC meeting Announcement in 20 minutes
The S&P looks pretty primed for a nice drop right now...wonder if today's FOMC at 2pm will be the thing that pushes things off the cliff...

Or will it save it somehow?

Hmmmm....next downward target IMO is the 2030-2040 area on the S&P...
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Old 11-02-2016, 01:48 PM   #2
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Quote:
Originally Posted by PaceAdvantage
The S&P looks pretty primed for a nice drop right now...wonder if today's FOMC at 2pm will be the thing that pushes things off the cliff...

Or will it save it somehow?

Hmmmm....next downward target IMO is the 2030-2040 area on the S&P...
I see big down move to 190 SPY area.
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Old 11-02-2016, 02:02 PM   #3
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I don't think I've ever seen such a muted reaction to a FOMC announcement in all the years I've been watching the market.

Guess they made sure they didn't influence the election like the FBI....
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