Hey Market Pilot,
While it might seem counterintuitive, the market moved upward strongly after the FOMC raised rates 75 basis points (BPS). The market likely considered it good news that the FOMC did not raise rates by 100 BPS.
This is a narrative I have been discussing for a couple weeks now. All of this data has been baked into the cake, and the markets are looking to revert to the mean of higher time frame charts.
It won’t be clean or easy, but I think we should look for dips to be buyable going forward.
Join me as we work through the choppy moves of this market using the Moxie Indicator™ Mastery Program that works through all the volatility. Check out the market direction today!
Your Profit Pilot, TG