the FOMC idea - SPX, BONDS, WHEAT, GOLD, DXY, BTC

Fomc is at 2pm today. Many are expecting a rally, and that could be - but be careful of a pump and dump. Another option is it just dumps to 3700 quickly which for me would be a buy zome. Bonds may be close to a turn and Powell may signal something dovish to that market today, Wheat looks good and now we are expecting pullbacks to be bought, Gold also looks good for a rally and DXY looks ready to pullback soon. BTC also holding support at that 19k level.

Good luck!

Kommentera:

wheat holding support

Kommentera:

If no bounce, expect a rush to the exits - 3700 area would be a buy

Kommentera:

rush for exits, 374ish should be tomorrow