The market has experienced extreme levels of volatility in front of today's Fed decision. If the Fed should hike rates today look for commodities stocks to take a huge hit and watch for shorts to get squeezed hard in the broader market.
The prudent course of action in front of what could be a wild afternoon session is to just close up all trading positions and get out of the way. There are no advantages to be had in a random and wild trading environment. Smart traders take calculated risks. There is just no way to calculate the risks facing the market following today's Fed release.
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