Hey Market Pilot,
There are a few economic events in focus that will impact the rest of the week’s price action that I want you to be aware of.
First, we have the Federal Open Market Committee (FOMC) press conference on Wednesday afternoon. On Thursday morning, the Gross Domestic Product (GDP) numbers will be released, which will give insight into the potential “recession” rumors.
I suspect the markets will be “quiet” leading up to these events. “Quiet” could also mean a pullback, since traders could be taking risk off the table in preparation for that unknown.
There are two potential paths we could expect leading up to these events, which we’ll discuss in the video below.
Join me as we work through the choppy moves of this market and trade around these economic events using the Moxie Indicator™ Mastery Program that works through all the volatility. Check out the market direction today!
Your Profit Pilot, TG