These FOMC Trades Could Make Your Entire Week

By Joseph James of Sideways Markets

Head-Trader at SchoolOfTrade.com • Sep 20, 2023 at 9:10 PM EDT

Emini and Nasdaq are bearish, but the big clue is the SIZE of today’s move…Moves like these tell us there are (3) EASY SETUPS tomorrow… and if we’re lucky… a BONUS 4th setup too!

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FOMC is behind us – let’s make some money!

The Fed Announcement is finally behind us, and everyone’s excited for “Reaction” Thursday…

More importantly – today’s BIG MOVE down tells us these (3) TRADES could make your entire week!

Emini and Nasdaq are bearish, but the big clue is the SIZE of today’s move…

Moves like these tell us there are (3) EASY SETUPS tomorrow… and if we’re lucky… a BONUS 4^th setup too!

E-Mini S&P (ES):

(Click on image to enlarge)

Emini is bearish with a strong move down today, telling us to expect a 2-leg pullback and a retest of the lows tomorrow morning.

Buyers will be looking for bear traps to get long off the lows using a crown reversal pattern.

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

Nasdaq is bearish with a big move down today, telling us that sellers will be looking for ways to short the bounce with a target back to the lows.

Keep an eye open for a range as well – if so, look for a ‘fake-out breakout’ to get long below the lows.

Video Length: 00:27:23

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Disclaimer:

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