Clearer the day after

Heavy distribution on the back of the Fed’s annoucement gives warning.

But the true trend of Fed reactions is usually clearer the day after the announcement.

While we have a bullish Follow Through Day in the books from last week, all it will take is a few rounds of heavy selling to take it away.

We’ll hold our Green Flag bullish bias unless we see today’s action pick up momentum.

Leave a Reply

Your email address will not be published.