Stock Indices Continue To Pause In Front Of Fed Announcement

Tomorrow’s Fed announcement on interest rate increases will likely have an impact on the Market’s determination of value. While today’s pause was expected, volume decreased and breadth diverged from yesterday. While this suggests weakness, the information coming in tomorrow on interest rates can change the determination of value. It is best to be safe tomorrow and wait until the Market gives us enough information on whether value is higher or lower.

Leave a Reply

Your email address will not be published.