A Sneak Peek at MultiMarket Money Flow for Fed Week

We strongly suspect that the Fed will raise rates at their Wednesday, December 13th meeting.

What’s the picture setting up in our Quad-Market Grid before the announcement?

Money continues – without stopping – to flow INTO the US Stock Market.

At the same time, Gold saw money rapidly flow OUT OF it recently.

The US Dollar Index initially saw bearish money flow but price turned higher with a break above a falling trendline and bullish bounce ahead of the Fed announcement (the Dollar typically benefits from higher interest rates).

Finally, Oil continues its upward bullish drift that developed a sideways trading range beneath $ 60.00.

We’ll keep you updated on these developments before and after the announcement so stay tuned!

Afraid to Trade Premium Content and Membership

Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

Corey Rosenbloom, CMT

Afraid to Trade.com

Follow Corey on Twitter: http://twitter.com/afraidtotrade

Corey’s book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).”


Afraid to Trade.com Blog

Thanksgiving Week

For some reason Thanksgiving never made it as a national holiday in the UK, possibly because England was feeling a little sour after only winning a nonetheless hard won second place in The War Of Independence, but I certainly always enjoy it, and various branches of my family have had a long and storied history […]
Slope of Hope