September 16, 2022

Good morning.  One change for today's open, COMM stop moved to 11.26.   Stay patient here.  Next week we have the Fed and sell into the event and rip afterwards seems to be what they are setting up for and wouldn't surprise us at all.  However, we are watching a few trend lines very closely and if they break / hold, we have a long way down and can easily expose it to the downside.  Right now, they are chopping both sides of the trade with no true follow through over the last several sessions.  Say patient and be ready, do not chase day to day moves.  Be ready next week, it's Fed week and the main event.