DislikedThank you Islander and Jeff for your continued input. You fellas may just yet get some more down side gains. We are 17 days away from our next interest rate decision. Last month the market wedged sideways for 13 trading days up until the last interest rate announcement, retracing 650 pips. We are 13 trading days from the next rate meeting now. Inflation is expected to peak over this month and next and the CBRT has begun hinting at a rate reduction. I like to believe the market is logical in it's movement. I'm still trying to wrap my mind...Ignored
The drop in volume / activity during the past two weeks has led to a contraction in the intra-day ranges which is not helpful, so I hope this will be rectified as the next rate meeting approaches. Thanks for the update
Trading Levels with WRBs