Don't know what will happen tomorrow, it should help set a direction for the next week or so, either positive or negative. My levels of interest are a short entry past recent uptrend support at or below 1217, or a long from 1235. Last Probability I heard on a March rate hike was at 34% and should be interesting to see what it gets adjusted to after tomorrow as I am guessing it will trend closer to a coin flip. I still see a stronger DOLLAR DXY near term after the talk tomorrow and a reduction in Gold prices, but I have been wrong plenty of times in the past, and will be looking for momentum in either direction after it has been decided tomorrow.
Why a stronger dollar, because the Fed in my opinion really wants to raise rates, and needs/wants a stronger dollar to do so.
Why a stronger dollar, because the Fed in my opinion really wants to raise rates, and needs/wants a stronger dollar to do so.
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