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J Powell Speaking Early Expect Volatility – ES NQ Premarket Trade Plan – The Pit Futures Trading

#daytrading #livetrading #stocks #futurestrading

Currently the ES and NQ have failed to break back into the above range. They are both currently back in the lower range. When Jerome speaks this could get worse for Buyers on Hawkish statement or worse for Sellers on Dovish statement. I am expecting last week dip buyers or overnight shorts to be punished. Someone going to pay heavily. Reduce size and widen stops for any major volatility. Good luck!

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