This week was supposed to be volatile due to the FOMC, but things weren't as volatile as I expected. From the current market conditions, the effect of the news will take a few more days to be reflected in the market. I expect 113k to be raided before we see price get to 118k But in a way I feel the market could prove me wrong and head for 118k next without raiding 113k.
What's your take on the current market situation?
The market has always been volatile before now, when we talk about volatility, its something that we should have been used to already before now, but coming to the aspect of performance, maybe you expected that it should pump more better than the $118,000 it got to from this week $113,000 it started from, which we cant say about the coming week, since we are already on weekends, the market may rise more better the new week we are going to and i want to believe it will soon break the resistance of $20,000 after the recent fall earlier this month.