The major event for this coming week is FOMC announcement on Wednesday 5/1/19 at 2:00PM EST.
If you go back and review the charts, all the FOMC announcements in the last 12 months have created big movements in $SPX $COMPQ $RUT prices. This one on Wed will not be different. And even if the Fed continues their do-nothing strategy for now, their choice of words could have big effects on market moves.
Big money is unlikely to deploy fresh capital into this market prior to FOMC announcement. The important questions everyone will be asking come Tuesday are:
Projecting answers for these questions is tough. But our trading system short-term indicators are providing some advanced information ahead of Wednesday's big move.
We emailed a detailed discussions about our system signals, how to trade short-term this FOMC week, and what to expect from the long-term signals that may affect your long-term investment portfolio.
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Also, take a look at our trading record which has locked in 43.22% profit since start of March. If you like what you see, read more about our trading strategy here.