This EARNINGS BREAKOUT Could EASILY 10X Before FOMC Tomorrow!!
Oh boy, here we go again!
Earnings are out, FOMC is tomorrow, and buyers are looking for another breakout…
Will they get it? It doesn’t really matter, because these (2) setups will cover you on both sides tomorrow!
Both the Emini and Nasdaq are bullish, and trying to muscle thru overhead resistance – these (2) range patterns are my favorite for tomorrow!
E-Mini S&P (ES):
Emini is bullish and buyers are trying to push through overhead resistance.
At this point, we’re waiting to see if buyers get a breakout-pullback to new highs? Or do buyers struggle at the highs and give sellers a reversal back to recent lows?
E-Mini Nasdaq (NQ):
Nasdaq is bullish and buyers are trying to complete a pendulum-swing breakout going higher.
Buyers will be looking for breakout-pullbacks going higher, while sellers look for bull traps to sell back down again.