BlackBull Markets
Chad discusses the upcoming FOMC meeting and its implications on the S&P 500 charts. It may cause extreme volatility but higher lows are positive signs. Chad suggests avoiding trading during the meeting due to the potential risk. The 100 basis point rate hike could cause a market dump. Blackpool markets offer trading on 26,000 instruments.
The Implications of the FOMC Meeting on the Markets
With the FOMC meeting less than 24 hours away, traders are gearing up for potential market volatility. In this episode of Trading with Blackpool Markets, we will be discussing the possible implications of the FOMC meeting on the S&P 500 and how traders can prepare themselves for the upcoming event.
The S&P 500: A Look into the Markets
Since the 12th and 13th of September, the S&P 500 has experienced a significant drop. However, there seems to be a bottoming structure forming, with the RSI putting in higher lows. This suggests that the market could move towards the upside.
The question now arises, how will the FOMC meeting affect the markets?
The Potential Market Volatility of the FOMC Meetings
Trading during the FOMC meeting can be extremely volatile and can wipe out traders at both ends. However, this depends on the trader’s personal risk appetite.
During the FOMC meeting, there can be sudden moves of up to half a percent in either direction, making it a challenging event to trade. But with the data we have at hand, it seems that the markets may move towards the upside.
The Outcome of the FOMC Meeting and Its Impact on the Markets
The outcome of the FOMC meeting depends on whether there will be a 75 or 100 basis point rate hike. If it’s a 100 basis point rate hike, there could be a market dump. But, we are yet to see what will happen.
Conclusion
In conclusion, the FOMC meeting can have a significant impact on the markets. Traders should be prepared for potential market volatility and should trade with caution. With Blackpool Markets, traders can trade 26,000 other instruments with ease. We wish you a profitable trading journey.
