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At 10 PM tonight, Fed Chairman Powell will give a speech at the Jackson Hole Global Central Bank Annual Meeting, which will also be Powell's last Jackson Hole speech as Fed Chairman. The Jackson Hole meeting is the top forum for central bank governors, policymakers, and economists to discuss economic trends and monetary policy, often used to release important policy signals.
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Tonight, the market is bound to be turbulent, and opportunities often hide within the fluctuations. The key remains a rational response - control your positions, avoid going all in, and stay calm. Seasoned traders have endured even stronger waves; staying steady is how you win in the end!