Sept 19 Quick Morning Update

Sep 19

I warned in the chat channel before the Fed announcement: The first market reaction is usually wrong. We knew the direction and it hasn’t changed. Events rarely change the trend. SPX & Currency pairs still on track and headed for targets and date given out previously. Once we hit a new high, it’s time to exit the long position (If you are in it from 2820) or trail your stop. A sharp reversal will be coming, but it should not be the final drop called for in the overall analysis. Another move to the top afterward.