
– I’ll be looking for potential Buys above 3398.500 targeting previous Hourly Support formed at 3412.000 Leaving Runners to the Hourly Resistance formed at 3422.000.
– I’ll be looking for potential Sells below 3378.500 targeting 4h Rejection formed at 3366.000 Leaving Runners to the 4h Support formed at 3355.500.
– Consolidation on the hourly as traders await the Federal Funds Rate. Breakout likely once the news hits — the question is, which direction?
