ES NQ Premarket Trade Plan - The Pit Futures Trading

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Post FOMC decision reaction day. ES and NQ holding previous day lows. NQ above 11883 and ES above 3844 could lead to a short squeeze. Lose the previous day lows and could lead to a test of the year lows and even lower. Key word from yesterday is "pain" and that tells me they are about to bring it. Not sure the markets know it yet but we are still in sell the rally mode till we are not. NQ above 12001 and ES above 3905 would tell me there is a change and not till then. Market could take a break after a volatile day. Be nimble.

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