I don’t like developing a super formal plan going into FOMC as the market is going interpret the information it gets however it wants (our job is to simply react).
Trade Plan Wednesday
Pivot is 3860.
Below bears targeting 3844 / 3828 / 3804. In the case of a further bearish auction, we may target our weekly levels 3777 / 3750 / 3730 / 3712.
Above bulls targeting 3875 / 3900 / 3915. In the case of a further bullish auction, we may target our weekly levels 3937 / 3950 / 3960 / 3990.
Stay Frosty!
Trade Plan Wednesday
Pivot is 3860.
Below bears targeting 3844 / 3828 / 3804. In the case of a further bearish auction, we may target our weekly levels 3777 / 3750 / 3730 / 3712.
Above bulls targeting 3875 / 3900 / 3915. In the case of a further bullish auction, we may target our weekly levels 3937 / 3950 / 3960 / 3990.
Stay Frosty!
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