This is the “Reaction” Trade We’ve Been Waiting For!

With FOMC behind us, time for “Reaction” Thursday…

The day after the FOMC Announcement is one of my favorite days to trade because we get so many great opportunities…

The Emini and Nasdaq were both bullish into ranges today, and this afternoon’s selloff gives us the perfect opportunity to “snap back” into the range…

Crude Oil is bullish into a range, and I'm excited to “trade the turn” looking for another leg higher tomorrow morning…

I told you to “save your bullets” during today’s FOMC report, and these are the “reaction” trades we’ve been waiting for!
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Economic News:
Please remember that economic news, both scheduled and un-scheduled will increase volatility and decrease liquidity in the market in the short-term, which causes price-action to react inconsistently with the levels of support and resistance mentioned in this video. Trading during economic news reports is dangerous and highly discouraged, no matter what your level of experience.
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