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Historical FOMC Market Reactions

The vertical lines on this SPY chart mark all FOMC meeting announcement days in since the beginning of 2014. Other than one exception following the December 17th, 2014 FOMC announcement*, the stock market traded lower within a few days to a couple of weeks.

*The rally that followed the December 17th FOMC announcement came on the heels of a 7 session, 5%+ correction in the SPY. Additionally, following the oversold/FOMC induced rally which peaked 7 days later, the SPY fell back sharply to the Dec 17th announcement level within just 5 sessions, quickly erasing that entire post-Fed rally.

FOMC FED market reactions

FOMC market reactions June 17th

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Jun 17, 2015 3:39pm|Categories: Equity Market Analysis|Comments Off on Historical FOMC Market Reactions