I'm not expecting much today as while the market is waiting on the FOMC, and it might produce a good swing up or down... or both, I don't lean toward a big squeeze to 7000 now because the market is in a bearish period until next Monday from "cycles". Now, that bearish period is not something that I think is going go cause a big drop, just a pullback as I covered in yesterdays video.
Of course I could be wrong and maybe get some blow off squeeze... who knows for sure? I only know I can't trade it, but if it happens I'll be looking to short it. But... that's ONLY if it happens today after the FOMC, as if instead we do the pattern I talking about yesterday then we won't see 7000+ until after the Santa Rally starts, and it won't stop at that level at that point, so I'll only be interesting in going long the rally, not shorting it.
If nothing surprising happens today I may or may not post tomorrow (and or Friday?). Basically if there's nothing to add that hasn't already been said I could just skip posting that day. This might happen lot this month if there's nothing to add. We'll see.
Have an blessed day.
