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Potential Retrace FOMC Day – Premarket Trade Plan – The Pit Futures Trading

#daytrading #livetrading #stocks #futurestrading

We are finally testing the consolidated breakout POCs at ES 5275.50 and NQ just above 18430. If these give, ES is under currently, I would look to take back the FOMC move. Problem sellers have right now is they are at the 3rd standard deviation on the hourly on less than average volume. This normally leads to a rally back to the hourly mid.

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