Round Trip

Another nutty Fed decision day. You can see why I avoid these days like the plague. But I’m sure daytraders love this kind of action. After all the ups and downs today, the market basically ended flat. The S&P and NASDAQ are sitting right on those June 9th lows. I doubt that there’s enough selling pressure left to take those levels out without some kind of impetus. But I’m not convinced that a bounce from here would be the start of a new up leg. Let’s see what tomorrow brings.