Another pre-FOMC, light volume day where the algos were in charge and they swung prices while being almost entirely driven by moves in the POSX. As usual, it was frustrating to watch but it also just is what it is.
Tomorrow will be much the same…that is until the FOMC fedlines at 2:00 pm ET and then Jerry’s presser at 2:30 ET. The latest ADP jobs report at 8:15 ET may provide some additional chum for the headline-eating algos but the main show will be in the afternoon.
For today, these images followed by the three links below….
Read The Original Article