Monday FOMC Pattern
There will be two scalp opportunities in the morning based on historical Monday data that falls on FOMC week. Look for tight boxable action from 1115 to 130. Go take a long walk, read a book, call your mom. This action looks untradeable. A couple of scalping opportunities arise after 135 up til 200PM. With a small dip, and a resumed move into the close.
Some notes of caution. You should read these as potential swing times, but not read them as market direction. If market direction holds, great, but if market direction inverses, then uses these marked times as swing points. Cheers hope it helps!
Some notes of caution. You should read these as potential swing times, but not read them as market direction. If market direction holds, great, but if market direction inverses, then uses these marked times as swing points. Cheers hope it helps!
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