June 19, 2019 — WEDNESDAY AM
The ES, NQ, CL, and GC are all trading in narrow overnight ranges ahead of this afternoon’s FOMC Statement and Fed Interest Rate Decision. Outside of yesterday’s high range day, the market has traded mostly sideways over the last week and a half ahead of today’s decision, which will give us another key level to use in our analysis and trading. While today may be mostly range-bound, look to fade the edges until proven otherwise. Here are the levels we’ll focus on during the morning session of the PivotBoss Trading Room.
This video also includes: E-Mini S&P 500, E-Mini Nasdaq 100, Crude Oil, and Gold.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss