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Is the FOMC About to Rock the Market Boat Again? Brace for a Potential Selloff!

Ming Jong Tey
3 min readSep 20, 2023

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Watch the video extracted from the live session on 19 Sep 2023 below to find out the following:

  • How to interpret the volume spike
  • Why the upthrust is bearish
  • The key support level for the S&P 500
  • How could the FOMC surprise the market?
  • And a lot more

The bullish vs. bearish setup is 292 to 201 from the screenshot of my stock screener below pointing to a positive market environment.

6 “low hanging fruits” (CSWC, WEX, etc…) trade entries setup + 20 others (VRT, MA, etc…) plus 20 “wait and hold” candidates have been discussed during the live session.

CSWC trading plan
CSWC

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Ming Jong Tey
Ming Jong Tey

Written by Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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