Today, the daily range forecast is neutral. The weekly, monthly, and annual range forecast is negative. Tomorrow, it is anticipated that all the forecasts will be negative, and I will take a position against the S&P 500 if that forecast holds. Invest at your own risk. Note: Both the FOMC press conference and tomorrow’s BLS jobs report are likely to make the market volatile as statements and/or data can be different than what the market has tried to anticipate.
