Overview
The markets gapped down and sat all day until the Fed announcement, and then everything popped up to fill the gaps and more, with the S&P closing around even after all of that. Was that options unraveling? No way to know. NASDAQ volume was 5 billion shares at the close, so down a bit.
ES with Levels:
ES with Market Directional:
Futures:
ES Opening Range Play triggered short at A and worked, triggered long at B and worked:
NQ Opening Range Play triggered short at A and long at B, both worked, but both just slightly too far out of range to take:
Results: +11.5 ticks
Forex:
GBPUSD triggered short at A, closed for about 10 pips ahead of the Fed announcement at B, which was a smart move:
Results: +5 pips
Stocks:
No calls in the report for the Fed meeting.
From the Twitter feed, Rich’s CRWD triggered short (without market support due to opening 5 minutes) and worked enough for a partial:
AMGN triggered long (with market support) and worked great:
Rich’s X triggered long (without market support) and didn’t work:
His BABA triggered long (with market support) and worked:
That’s 2 triggers with market support, both of them worked.