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Fed Minutes

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

Note the following:

  • The chart shows when the Fed minutes were released.
    • There was a mini short squeeze going into the Fed minutes. The short squeeze caused the VUD indicator to go green.  This is  normal behavior often seen going into important events.
    • The chart shows an initial reaction of strong buying to the minutes.