SEPTEMBER 21, 2022 — WEDNESDAY AM
The market awaits the FOMC statement and rate decision later today at 1PM CT (2PM ET), with the press conference to follow 30mins later. We’ll get another FOMC key level later today, which will be useful moving forward. For now, the ES and NQ remain within narrow developing 4-day ranges, but expect volatility to increase later this afternoon, and especially Thursday. Continue to watch 86 in Crude Oil, 18k in BTC, and 1300 in ETH.
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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