.. but not so fast, we have FOMC games tomorrow, so let's stay on top of our charts and be ready for what they have up their sleeves! The intra-day charts are getting a bit long in the tooth in the oversold territory, but you know what they say, "selling begets more selling," so have a plan for both directions tomorrow if you chose to trade. I used to forgo trading Fed days, but now and then I get a little crazy and dive in with the rest of the adrenalin junkies. We'll see how things unfold pre-announcement. Be careful either way.
Once again TTWrs- great team work today, and what a good group to have as co-collaborators every single day! Just a few charts to share of interest, and to our lurkers or newbies: please don’t hesitate to post what you have up your sleeves too. We welcome any and all trading methods on TTW and are chart-a-holics, so don’t be shy. ;-) The more things we can throw at this tape, the better!
For those who like to follow Larry Pesavento, here is a link to a short audio he did yesterday- just scroll down to 6/21.
In honor of Argentina’s nice win today at the World Cup, I present again, Bajofondo… time to Tango!
DDT here with "Daily Puzzler" (Or is it "PotzLer"?): "FIND THE CHANNEL"
(well, I think it is more like 6 channels, but price bouncing off different bands quite accurately. Down to 1077 tomorrow and up after FEDsters?