This *FOMC FAKEOUT* Could Be EASY MONEY!
Here we go – FOMC tomorrow!
Markets are bullish after this afternoon’s reversal, and this *FAKEOUT BREAKOUT* might be easy money ahead of FOMC!
Emini and Nasdaq are bullish into ranges, telling us that buyers will be looking for bear traps below the lows, and breakouts above the highs!
E-Mini S&P (ES):
Emini is bullish and back in the range where the day began, telling us that buyers will be looking for bear traps below the range, or breakout-pullbacks above it.
E-Mini Nasdaq (NQ):
Nasdaq is bullish into a range this afternoon, and ill bet buyers would love a breakout pullback using the high of the range from earlier in the day.