RTY ES Weak NQ Strong – ES E mini S&P500 NQ NASDAQ 100 Premarket Trade Plan – The Pit Day Trading

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RTY and ES are weak on the Daily Charts. NQ while strong, I feel because people are rotating our of Banks into Big Tech, is in the 2nd 3rd standard deviations on the Daily Chart which could lead to a pullback into FOMC news Wednesday. Right now the ES is in the lower range beneath 3970 and the NQ is above 12590.50. So there is divergence between the two. With FOMC being a rather big deal Wednesday I think the markets could range off where they are at till we find out who will get boned Wednesday. Someone will without question. The FED is going to have to save the Banks or fight Inflation. It cannot do both.


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