Intra-Day Market Update 10/29

Not much going on today as the market seems to be in a holding pattern awaiting the Fed decision.

I was going to fade the strong opening this morning, but it was simply to quiet and that tends to make me cautious about a position either way.

I will contemplate a short position should the trend lines be violated with a pick up in activity.

Remember, there is never any harm in going through an entire trading session and not making a trade either way. This may just end up being one of those days.