Hey friend,
No big data releases today – all eyes are on the Fed.
Tomorrow – the weekly jobless claims report as well as leading economic indicators.
The Daily Direction
Note: All indexes closed lower yesterday. But the picture was more mixed this morning with the S&P 500 and the Nasdaq opening lower while the Dow and the Russell 2000 opened higher. All index directions are still in the green.
The Daily Nugget
Interpretation beats forecasting.
People love forecasts and predictions – especially in markets.
Uncertainty makes us uncomfortable…
And these “stories” – because that’s what they ultimately are – help alleviate some of this discomfort.
This will never change.
But the truly skilled traders don’t rely on forecasts – which are statistically unreliable.
They rely on interpretations…
Interpreting the price action and the surrounding narrative to make the highest-percentage moves.
The difference may seem subtle in theory…
But it’s vast when put into practice.
That’s how the best traders do it…
And that’s how Head Trader Ross Givens does it.
Instead of predicting what the market will do in reaction to the Fed…
He’s going to be interpreting it instead.
That’s why in just a few hours at 3 p.m. Eastern…
Ross is hosting a special LIVE market session to give his real-time reaction to the Fed’s decision…
And show you my top strategy for trading the market action in the aftermath.
This could be the most important Fed decision all year…
And no matter what the Fed does, it will certainly create fast-moving opportunities – IF you know what to look for.
That’s exactly what Ross will be covering in the live session kicking off at 3pm ET…
So make sure you click here to guarantee your seat if you haven’t yet…
Otherwise you risk getting locked out of the room if it fills up.
Ross will see you in just a bit 3 p.m. ET to unpack the Fed decision.
The Traders Agency Team
P.S. Planning to attend on a mobile device? Make sure you download the presentation apps now so you don’t miss a second of valuable information.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
