FOMC & SPY correlation
Simple and sweet.. let's jump right to the point:
Six important meetings thus far in 2022: 50 - 75bp rate hikes and a hawkish pivot by the fed. On average, it takes the market three full trading days AFTER the last day of the meeting to determine the trend; which lasts approx. 30 days following the trend.
I see 5 - 10 percent (max pain) upside in the next 10 before further downside
PS: or we just free fall lol
Six important meetings thus far in 2022: 50 - 75bp rate hikes and a hawkish pivot by the fed. On average, it takes the market three full trading days AFTER the last day of the meeting to determine the trend; which lasts approx. 30 days following the trend.
I see 5 - 10 percent (max pain) upside in the next 10 before further downside
PS: or we just free fall lol
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