trading strategies for a dovish fed
TRANSCRIPT
rajveersmarketviews.blogspot.in http://rajveersmarketviews.blogspot.in/2015/12/trading-strategies-for-dovish-fed.html
Trading Views for a Dovish Fed
The Fed is likely to be highly dovish in its rate announcement today. Some big moves are likely as the token ratehike gets priced in. Here are some short terms trend to consider:
1) The Dollar:
Attempts will be made to talk the dollar down which has been killing multi national profits, looking for some shortterm dollar weakness:
2) Counter trend up move in gold if the Dollar weakens:
3) Counter trend up move in Oil if the Dollar weakens:
4) The S&P probably find resistance near its 200 DMA near 2063: