Don't know what will happen tomorrow, it should help set a direction for the next week or so, either positive or negative. My levels of interest are a short entry past recent uptrend support at or below 1217, or a long from 1235. Last Probability I heard on a March rate hike was at 34% and should be interesting to see what it gets adjusted to after tomorrow as I am guessing it will trend closer to a coin flip. I still see a stronger DOLLAR DXY near term after the talk tomorrow and a reduction in Gold prices, but I have been wrong plenty of times in the past, and will be looking for momentum in either direction after it has been decided tomorrow.
Why a stronger dollar, because the Fed in my opinion really wants to raise rates, and needs/wants a stronger dollar to do so.
Why a stronger dollar, because the Fed in my opinion really wants to raise rates, and needs/wants a stronger dollar to do so.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.