As I wrote about in chat this morning, with all the Fed announcements in the afternoon; it was best to look for trades in the morning with the expectation that the market volatility would shrink as the markets go into ‘Fed wait mode’.  Durable goods came in well below expectations which should have been bearish, but one never knows when the Fed is on the mind of traders.  The ES pushed up after the news through the cash open.  The move up early was an opportunity to short with the hope the market will Continue reading »