Major averages finished Friday lower on higher, quadruple witching volume. The NASDAQ remains within close range of its recent September highs while the S&P 500 and other major market indexes, including the Dow, NYSE Composite, and Russell 2000, remain in short four-day bear flags.
Somewhat tentative trading can be expected ahead of the conclusion of the two-day meeting held by the Federal Reserve this Wednesday when they release their statement at 2:15 pm ET.
We will be doing a webinar for members Wednesday morning to discuss stocks and trading strategies as well as possible market reaction to the Fed's decision. In addition, Gil will be doing a webinar interview with the team over at HGS Investor Software. For details and to register visit the following link: http://wp.me/p3Amif-1IE
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