FOMC didn’t disappoint this time, and the markets plunged during the event. This is probably due to Powell saying rate cuts would happen later and not in March like the market was looking for. I will also show you how the markets were overbought and then how we navigated the twists and turns of the IWM as it had that fake-out pop to the upside.
Navigating the IWM Fake Out
February 1, 2024/Comments Off on Navigating the IWM Fake Out