Should the FED shock the market with the hike this time?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: After a breakout, we almost always get reversion to the mean. Then we have to wait for the pullback to end before we can be sure the move in the breakout direction has momentum. Breakouts fizzle all the time. This one has the right smell for continuation. The one vulnerability (and it’s not a big one) is the Fed policy meeting tomorrow and Wednesday, ending with the 2 pm statement (with new dots) and the press conference at half hour later. Some smarty-pants say the Fed should shock

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