SEPTEMBER 20, 2022 — TUESDAY AM
The ES and NQ both saw fades off yHI back to yMID, which puts price back into the developing 3-day ranges ahead of Wednesday’s FOMC. Look for further range-bound action ahead of Wednesday’s announcement. Crude Oil continues to hold below the 86 edge, which could lead to further weakness ahead. BTC and ETH are sitting on significant support levels.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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