Telegram Trading

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Assessment: Per the Fed statement: “Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.

Until they no longer talk about inflation as “elevated” it is going to be tough to see any signs that rates will be eased. Likely why the market popped on the cooler inflation news this morning but then has since sold-off from the highs.

Still a gap up though from the open which remains a bullish sign. Volume likely to close below average…again!

Good luck in your trades!