MAY 03, 2022 — TUESDAY AM
MARKET OUTLOOK: Please join me for our PivotBoss Monthly Outlook tomorrow, May 4, 2022 at 4PM CT. We’ll discuss the current state of the market and what to look for post-FOMC statement and interest rate decision. We’ll discuss futures, stocks, and crypto, and we’ll also take your requests. Please use the following ZOOM webinar link to join this free event: https://us06web.zoom.us/j/89749859578
The ES, NQ, BTC, and ETH continue to hold at critical support levels ahead of the FOMC statement and interest rate decision Wednesday. We may see further range-bound action ahead of Wednesday’s decision, so look to fade the edges of today’s trading range, or look to sit on hands ahead of the decision. Crude Oil continues to coil at the apex of its large triangle pattern, as 105 remains a magnet to price.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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