Dynamic Trend Profile

We will NOT have our normal morning live class today but, rather, will be having a special 1pm to 3pm afternoon live class so we can monitor the market leading up to the Fed 2;15pm interest rate decision, and subsequent market reaction.

So far this morning there is buying, enough to suggest the market has interest in going higher today IF the Fed does not disappoint them.

If interested in attending our live class, click on this link each day, or bookmark the link.....http://metastock.epopcentral.com/join.html?dn=RT

Below is today's pre-market live class notes for today....

So far this morning the stock market is acting like it anticipates positive news later today and is showing good buying ahead of the Fed 2:15 announcement. It is actually quite strong in advance of such uncertainty... suggesting Wall Street comfortable right now... will continue to track activities before our special afternoon class today.... So far, is encouraging.

Remember, oil inventory tomorrow, more financial services earnings released Thursday, then 'triple witching' expiration Friday to still contend with.

We said pre-market and during our live class it looked like the market wanted to go higher but needed to make sure their was no surprise. Well, reaction was very positive and we ended up finally pushing through that key resistance we talked about in our live class. Now odds improving more buyers can come back into the market and try to buy good pullbacks. Maybe we can have some easy trading for a couple weeks, is long overdue. Looks like the bulls are now back in control for time being. Thank you very much Mr Fed Chairman!

Marc Rinehart, today, Sept 18- 08:28 AM Wrote:So far this morning there is buying, enough to suggest the market has interest in going higher today IF the Fed does not disappoint them.