PivotBoss Pre-Market Video [July 28, 2021]: Narrow Ranges Ahead of Today’s FOMC

JULY 28, 2021 — WEDNESDAY AM

The ES has developed a narrow 4-day range ahead of today’s FOMC statement and rate decision. Gold and Crude Oil also remain range-bound, while the NQ has pulled back to 15k after Tuesday’s selling pressure. A failure to stay above 15k could open up an opportunity to sell into the end of the week for bears.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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