Wednesday, 18 September 2024

Diving Into This 91% Win Rate, and FOMC Rate Cut Day Is Finally Here

Join me at 9:15 a.m. ET for “Morning Monster”!
 
   
     

Diving Into This 91% Win Rate, and FOMC Rate Cut Day Is Finally Here
 
 
We have the biggest FOMC meeting in years at 2 p.m. ET today, Sept. 18, when we’ll see what Fed Chair Jerome Powell’s "time for a policy change" really means. Is it a 0.25% rate cut, a 0.5% rate cut… or something else altogether? Realized VOLATILITY should increase starting at 2 o’clock — so prepare accordingly!

Come join me as we dive in and see what is moving!

Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. 


Today’s Daily Chart Setup: Pool Corp. (POOL)  
 
 
This idea came directly from my Daily Chart Setup that automatically signals potential plays. You can find full details on exactly how this works by scrolling down further in this newsletter. 
 
POOL is a new potential entry. Target: 389.59 Stop below: 334.57
POOL has a historical win rate of 91.3%
POOL has a profit factor of 4.075
POOL trades last 24 trading days on average over 23 trades since 1995.

This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results — anything can happen in trading!

Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!

 
 
‘Morning Monster’ Is Starting NOW!
I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!

And please hit that Subscribe button on my YouTube page!
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Powell’s Speech Today = Epic Crash? 
 
 
The moment we've all been anticipating is here — FOMC day! 

As the financial world tunes in to Fed Chair Jerome Powell's press conference, the air is thick with speculation… 

 
Will there be a rate cut, and if so, how big? 
Could this be the catalyst for a market peak, or perhaps a significant downturn? 

Join Roger Scott LIVE at 1 p.m. ET TODAY, Sept. 18, for an unfiltered breakdown of what this could mean for us. 

And there's more: 

 
Get your questions answered LIVE during the broadcast. 
Exclusive reveal: Roger will share the exact stocks he’s watching closest ahead of Powell's announcement. 

This session is absolutely free, and designed to equip you with the insights needed to navigate whatever comes next in the market. 
 
 
Secure Your Spot Here!
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How the Daily Chart Setup Works
 
Here’s a more detailed description of how the pattern triggers:
 
1. The price breaks upward through the orange Market Roadmap Line. 

2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 

3. Once it touches the line and starts moving back up, that signals an entry. 

I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!

You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!


Jeffry Turnmire
Jeffry Turnmire Trading

I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!

Please check out my channel and hit that Subscribe button!

I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.

I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. 


*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

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