Morning Outlook - ES/SPX - FOMC
3/20/24-Wednesday -
Good Morning Traders,
Today we have FOMC today will be sure of volatility as J. Powell gives his discourse about our economy and his plan for raising rates. Probabilities favor no rate raise today but what’s more important is the message that is sent. Will the Fed be cutting rates 4 times this year as planned or only 2 times based on the new data? These findings will play a large part in the direction the market will push for both indices and Crypto. Stay tuned to see what the boss decides.
Below is all your jewels for the day
Enjoy
Ryan Bailey
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Options VOL
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Morning Outlook
For some reason I am having problems attaching the Video via Substack this morning. (This unfortunately caused a major delay in getting the Outlook to you this morn.) This is a link to my google drive where the morning outlook can be found. Sorry for the inconvenience and safe trading! Cheers