09/18/2024 Finally Fed

On the Grains
Here we go, finally the Fed decision day. I can’t say that I’m sad that the day is finally here, lighten up on some interest and we don’t have to talk about it anymore. Overnight the equity markets were very quiet, with the S&P slightly higher up +6.75 at 5645.75. If you are wondering how nervous the market is just take a look at the daily chart from yesterday, gaps all over the place on the S&P chart.