Why even bother fastening our safety belts?
It certainly promises to be a fun afternoon.
If the market is making fresh lows after 3:00 p.m. EDT, I would simply step aside.
Shorts could take control here.
And it will likely head higher later this summer.
Traders who are long QQQ may want to consider their options ahead of the Fed.
The intermarket action suggests limited easing.
Today's policy decision will likely rest on the observation that the U.S. economy is slowing.
Let's take a look at the action in Europe.
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