NOVEMBER 03, 2022 — THURSDAY AM
We now have newly-minted FOMC key levels after Wednesday’s FOMC statement and rate decision. The markets have had big post-fed reactions already, which could be the beginning of much more weakness ahead. Watch the previous month’s midpoints for confirmation of further selling pressure. Crude Oil is a choppy mess right now, and Gold has put in new lows for the year. Is ETH due a pullback?
Cheers!
Frank Ochoa
Author, Secrets of a Pivot Boss
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