JANUARY 29, 2024 — MONDAY AM
The market continues to trade within narrow 6-day ranges ahead of this week’s FOMC Statement and Rate Decision later Wednesday. Additionally, big tech earnings is due up this week, including $MSFT, $GOOGL, $AAPL, $AMZN, $META, and more. Friday’s NFP Report could bring additional volatility, as well. Until then, we may see further compression Monday and Tuesday this week before expansion and high-range action occurs later in the week.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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