All Eyes On the FOMC and the CPI

June 11, 2024
Author: Peter Stolcers, Founder of OneOption

The market needs a catalyst and this is the last major piece of news for a few weeks.

PRE-OPEN MARKET COMMENTS TUESDAY - This morning the market is giving back most of the gains from yesterday. The price action the last few months has been lackluster. The upward momentum is starting to stall and the volume has been light. The market barely made a new all-time high and the candle bodies are tiny. This suggests that we might be stuck in a trading range this summer.

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