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Fed Day played out about how we expected – a massive buying bender before the FOMC announcement and JPo press conference… and some selling afterward. (And by “some,” I mean we’re off 40 handles since Powell spoke.)But the price action I’m looking at right now, and which you’ll be seeing in just a second, is a quintessential rippin’ rally.And that means volatility is coming. I’ve been pounding the table on this for a few sessions now, and I’m seeing nothing that would make me want to change my tune. Buckle up, helmets on.But if you’re not a believer yet, we’re going to look at volatility futures here and you will see – with your own eyeballs – that we haven’t seen the crush yet. It’s coming.Video Length: 00:14:16More By This Author:Tech Is Weighing Down The Markets In A Flight To Safety
For Markets, This Is The Start Of The Biggest Week Of The Summer
The Volatility Beast Is Waking Up
