Morning Ideas July 28, 2021
Good morning Traders!
Market participants bought the weakness yesterday, and you shouldn't be surprised.
However, today we have FOMC announcement looming at 2 pm eastern, so please be aware of that. The market will probably move VERY slowly in anticipation of the words used by the Fed.
The big money doesn't want to get caught with their pants down in front of the announcement.
Let us know if you have any questions.
Market participants bought the weakness yesterday, and you shouldn't be surprised.
However, today we have FOMC announcement looming at 2 pm eastern, so please be aware of that. The market will probably move VERY slowly in anticipation of the words used by the Fed.
The big money doesn't want to get caught with their pants down in front of the announcement.
Let us know if you have any questions.
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