September 21, 2021

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Hopes Of Rescue

Please click here for a chart of  S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

• The Federal Open Market Committee (FOMC) is meeting today.
• FOMC will announce its decision tomorrow at 2:00 pm ET followed by Powell press conference at 2:30 pm ET.
• The chart shows Arora’s sell signal for a short term trade using inverse ETF SQQQ or short-selling QQQ.
• The chart shows that the first target hit in four days.