This FOMC Trap Could Be Our Biggest Weekly Win

Wow, what a move today!

Markets are range-bound after today’s CPI and FOMC announcement…

I see (5) clues on the charts tonight, telling me this FOMC TRAP might be our biggest winner of the week!

Look closely at the chart and you’ll see a “news spike”…

Combine that with this afternoon’s trading range and it’s easy to see why this FOMC Trap is my favorite trade for tomorrow!

E-Mini S&P (ES):

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  • Emini is bullish with a big move higher into a range, telling us to sell bull traps above the highs and buy bear traps below the lows tomorrow morning.

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

  • Nasdaq is bullish and testing the high of today’s trading range, telling us to short bull traps off overhead resistance, or buy a breakout-pullback if it keeps going.

Video Length: 00:26:16

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