CLEAR SKIES ABOVE...? FOMC Day + Interesting Charts $AMD $AMZN $SPY $SPX $TTD $NQ
CLEAR SKIES ABOVE...? FOMC Day & Charts to Watch Key Takeaways: The Federal Reserve raised interest rates again today +25bps. Powell signaled that they will likely raise rates again at next month's meeting. Markets sold off initially, but rallied into the close --> bullish Earnings not that bad + stocks reacting positively to bad news What's all this mean? At least short term, markets look like they are poised to continue to move higher. Let's take a look at some charts of interest that give us a pretty good idea of what we can expect in the short term. I posted these charts in our Discord server on January 27, 2023. I'll post the updated, as of today charts along with those from January 27th. I'll start with $SPX and $SPY: NASDAQ: A few other interesting charts: $AMD $AMZN $TTD UPDATED CHARTS AS OF FEB 1 2023: Bunch of other stocks, ETF's, sectors, and markets are looking good for opportunities. Tune into the live stream or check out our videos