Only 4 more of these daily candles remain until FOMC. See the links below for reference to my original idea posts on this, calling what could certainly be the top of the market.
The recent rally has yet to invalidate the most basic short implying structure (lower highs). I plan on holding *nothing* going into FOMC, so I leave this idea post as 'neutral'. Yet, I would be very surprised to see the S&P make new highs next week or even following that.
However, if it does, I already have some resistance targets mapped out from months ago. For weekly support targets, see the linked post.
The recent rally has yet to invalidate the most basic short implying structure (lower highs). I plan on holding *nothing* going into FOMC, so I leave this idea post as 'neutral'. Yet, I would be very surprised to see the S&P make new highs next week or even following that.
However, if it does, I already have some resistance targets mapped out from months ago. For weekly support targets, see the linked post.
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MisterFXGuy
about ES1!