FOMC And The SPY -

FOMC And The SPY

Mar 19, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashSince the eight-times-a-year FOMC is on Wednesday, I thought I’d use the Event Markers feature in SlopeCharts to see how the SPY has behaved following these days. Since the market has, more or less, been going up nonstop, the SPY tends to, more or less, go up after every FOMC (with the notable exceptions of last September and October, which were sort of the last gasp of any bearish hope).More By This Author:Fib-Friendly TeslaImportant Semi FailureSpot-On Sine Wave: Natural Gas Outlook