Volatility Returns

Great Morning! With the FOMC meeting just nine sessions away and counting, markets have done their best guesswork at what the fed has ahead in store for all. Price patterns intraday had followed a similar path: early selloff or sideways chop, ended with a short squeeze higher into the closing bell. Shorts are clearly scared to hold over the closing bell, for obvious reasons. The "Bernanke slam" orchestrated premarket for option-expiry Friday in August has since done it’s design well. Read More...

[Source: The Money Blogs]