Hey friend,
The Fed starts its monetary policy meeting today, with its decision being announced tomorrow.
It is widely expected to hold rates steady…
But the thing that will move markets is Powell’s press conference after, where he’ll articulate the Fed’s view of the economy and the rate cut trajectory.
Let’s see how indexes have been moving.
The Daily Direction

Note: All indexes closed higher yesterday – but opened lower today and have been trending downward throughout the day. No change in any index directions.
The Daily Nugget
The most profitable setups never feel comfortable.
The best trades never feel obvious in the moment.
That’s because the best opportunities don’t come when the market feels safe.
They appear when uncertainty is high – when traders are shaken up, and when stepping in feels the hardest.
Right now, we’re in one of those markets.
A couple green days bring hope, only for volatility to suddenly creep back in.
It’s tempting to wait for perfect clarity…
But in the markets, by the time things feel obvious, the best opportunities have already been snapped up.
So stay focused.
Because beneath the noise, real setups are forming.
And the traders who stay alert, patient, and ready to act will be the ones positioned when the next real opportunity takes shape.

The Traders Agency Team