Market Setting Up For A Dull Week

March 25, 2024
Author: Peter Stolcers, Founder of OneOption

The FOMC Statement was not a catalyst and this is a holiday-shortened week.

PRE-OPEN MARKET COMMENTS MONDAY - The market made a new all-time high after the FOMC statement last week, but it has not been able to advance. This is a sign that buyers are not very aggressive. I don't view the price action as bearish, it is just not as bullish as it looked Thursday morning.

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