January 29, 2020 — WEDNESDAY AM
With the FOMC Statement and rate decision on deck for today, I discuss the typical post-FOMC movement blueprint for the ES, which has been in play for over a year. Given recent strength after the 2-day pullback, more upside should be seen out of the ES and NQ. CL is trying to get a breakout to the upside, but still may have more downside ahead on a swing basis. I also discuss the key level to watch in Gold.
Cheers!
— Frank Ochoa
Author, Secrets of a Pivot Boss