This FOMC REVERSAL Could Be EASIEST MONEY All Week!

FOMC is behind us – let’s find some trades!

Markets are range-bound after Powell’s announcement this afternoon – so you know I’m excited for tomorrow!

I love ranges because the strategy is so easy – keep these (2) reversal patterns on your radar, and be ready for a Breakout!

Emini is bullish into a range – buyers will be looking for reversals off the lows, and breakouts to new highs!

Nasdaq is bearish into a range – sellers will be looking for reversals off the highs, but the 60minute tells us to be ready for a bull breakout too!

E-Mini S&P (ES):

Emini is bearish as price rotates off the high of today’s trading-range.

Sellers will be looking for bull traps on the way down, and buyers will look for reversals off the lows.

E-Mini Nasdaq (NQ):

Nasdaq is bearish with sellers trying to finish a rotation off the high of today’s range.

Sellers will look for shorts on the way down, followed by breakout-pullbacks if they can keep it going.  Buyers will look for reversals off the low.