FOMC Minutes – No Effect

The minutes from the last FOMC meeting were released today at 2PM EDT. The initial move was higher, nearly to the high of the day. But we then began to selloff, to the point that price dropped back to the level just prior to the FOMC release. No major effect in SPX...

Daily Pennant breakout levels

Pennants are consolidation patterns that signal the an oncoming directional breakout. It seems if this market (SPX) can move about $2900, we’ll be well positioned for a move higher, potentially to new all-time highs. Recent Related Articles Trading Options Gives...
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