PivotBoss Pre-Market Video [DEC 18, 2024]: Fed Day

DECEMBER 18, 2024 — WEDNESDAY AM

HOLIDAY FLASH SALE: Get up to 42% OFF at http://pivotboss.com/flashsale. But hurry, these deals expire soon!

The ES, NQ, and YM are seeing early strength ahead of this afternoon FOMC statement and rate decision. The ES and NQ both rejected yLO and could go outside day up today once the Fed makes a move. We get another round of FOMC key levels to work with, as well. Can the YM finally break the 9-day down streak? Crude Oil may finally make a bullish move into the end of the year, but needs above 72s for real strength. Gold remains bearish, and could test the 2630s ahead. BTC and ETH have seen modest pullbacks, but remain within highly bullish uptrends, with more upside likely ahead.

Cheers!

Frank Ochoa
Author, Secrets of a Pivot Boss

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