October 30, 2019 — WEDNESDAY AM
The ES and NQ are trading within very narrow overnight ranges ahead of today’s FOMC Statement and Fed Interest Rate Decision. This news will give us another FOMC Key Level today, which we will use for analysis and trades in the days and weeks ahead. If Crude Oil can remain above 55, we could see a move toward 57.60. Gold remains within the range, but expansion could soon be seen.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss