S&P 500 INDEX MODEL TRADING PLANS for THU. 8/1/24 Yesterday’s FOMC interest rate decision and Powell’s presser appears to have increased the confidence of the market participants in a rate cut regime to begin in September. This confidence coupled with the turn-of-the-month positive effect on the markets should likely keep the markets buoyant for today. (more…)
Trading Plans for THU. 8/1/24 – Rate Cut Confidence and Turn-of-the-Month Effect
Posted on by TradersAI