My Favorite Trade for FOMC (Wait for this one!)

Are you ready for FOMC tomorrow?

We need to pick our spots wisely with FOMC news just after lunch on Wednesday, but not to worry, I have some great setups on my radar…

Both Emini and Nasdaq are bearish into the close today, and the strength of this recent move tells me to look for a “failure into pullback” at 2 key resistance zones overhead…

Crude Oil is bullish, but the way this market “melt up” this afternoon tells me to stay patient for a deep pullback – how deep? I'll show you where to look in tonight’s video…

Oh, don’t forget – markets love to reverse ahead of major news, so I'm also watching for these 3 reversal patterns too…
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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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Joseph James, SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. cftc 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or-over-compensated for the impact, if any, of certain market factors, such as liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.