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Everything Looks Weak Looking For Lower BUT Think Inside Day Likely Into FOMC
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ES and NQ look very weak on the daily charts. Failed break higher from lower range all the way back through lower range and riding 2nd stdev bands. However, overnight was in range and in value. So while I am prepared for weakness I do feel an inside day into FOMC makes sense as well. Break from previous day range and go with it. Inside day will be fade the extremes. Be patient and let the market come to you is key today.
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