Morning Ideas August 18, 2021

Quite a volatile day yesterday, but the quick down move was bought by the always present buyers.

FOMC meeting minutes today at 2 pm eastern, so watch for that.

I would expect an upward drift today until and after the meeting.

On a note unrelated to trading: I have to take my 8 year old for a second covid test this morning, as he requires 2 to return to school. This means there will be no class for our members.