2023 is going to be GREAT (here’s why)

On TBUZ TV Today: 4400 Pivot. 4440 Resistance 4385 Support Opens: 2023 3895.00; 3rd Quarter 4485.50; Month 4516.25 Recording from Wednesday: https://vimeo.com/866594572/3461f69e6d Class at 9:15 AM ET. Everyday Income. POST FOMC Market

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Market Review:

Post FOMC The market has moved significantly lower since the FOMC announcement yesterday. At the time of the release of the FOMC announcement, ES futures were trading at 4498.75. In overnight trading the market moved down to 4403.25. We have a new low of September. The low of August was 4350.00. The market still hassome room that it could run on the downside. The open of the quarter is 4485.50. The midpoint between the low of the quarter and the open of the quarter is 4417.75. There is a lot of market left this week. On top of that we have another full week to close out the quarter. Can the market recover? It can, the real question is will it. Either way, this market should produce plenty of trading opportunities.

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Current version of RoadMap 9-13-2023

Major Events: Sep 22 FLASH Manufacturing PMI Sep 22 FLASH Services PMI Sep 26 Consumer Confidence Sep 28 Final GOP Sep 29 Revised Consumer Sentiment Key Numbers Opens: Above or Below 4516.75 is the open of the Month 4445.00 is the open 4499.50 is the open of the Week 4485.50 is the open of the Quarter 3895.00 is the open of 2023

What's Hot and Not! The Focus: In the headlines this morning is a focus on what the FOMC may, or may not, do not in November, but in 2026. Look, I get that is important, but the market is trading today. DRI reported earnings. Markets are moving. Intellectual conversations about the future possibilities are worth having, but don't let them crowd out the here and now.

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