JUNE 15, 2021 — TUESDAY AM
The market is in a wait-and-see mode ahead of Wednesday’s FOMC Statement and rate decision, as the ES, NQ, and Gold are currently trading within narrow range ahead of the RTH open. Look for further range-bound action not only today, but heading into Wednesday afternoon. Once the statement and rate decision are released, we’ll get another FOMC key level, and will also likely see an increase of volatility on beginning on Thursday, and likely into the next several weeks.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
PIVOTBOSS LINKS:
Trading Room: https://pivotboss.echofin.com
PivotBoss: https://pivotboss.com/
PivotBoss Masters: https://pivotbossmasters.com/
Merchandise: https://pivotboss.com/merchandise
FOLLOW ME HERE:
YouTube: https://youtube.com/pivotbosstv
Twitter: https://twitter.com/pivotboss