Checking RSI on the 120 min. Note that the daily 377 MA is at 2010, the weekly MA 75 at 2020 - both levels offer good resistance (daily and weekly chart not shown here)
Hilsenrath on Maria's panel this morning. Very unusual for him to be out and so very obvious before the announcement. Claiming that the hike comes later this year. So there you have it, maybe. Could easily be seen that Fed is panicking market will not understand no hike now so they unleashed the Hilsenrath to make sure everyone knows. Interview link is part way down. http://www.zerohedge.com/news/2015-09-1 ... c-decision
He actually says that Aunt Janet gets to airports 3 hours early so it would be unusual for her to surprise the markets.
Personally the manipulation of what was a market makes me sick, but being sick about it doesn't pay the bills
target met. looks like market is very sure about no rate hike.
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NEW: VIX futures flipped back into contango yesterday, after being in backwardation since 8/21
OLD: According to the 30-day Fed Funds futures, the probability of a September rate hike is still just 23% today, which still means heavy odds for NO RATE HIKE this afternoon.
Last edited by Al_Dente on Thu Sep 17, 2015 1:50 pm, edited 2 times in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
9 min to show time. make your bets, ladies and gentlemen.
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