Morning Ideas August 17, 2022
Good morning traders,
Today is FOMC minutes day. They come out at 2pm. As I say in the video, it's a bit concerning that the market has fallen overnight. Usually the mornings of FOMC are more "muted" kind of trading.
I give some levels in the video that I think are important for today. As a trader with a long bias, I need the market to hold onto 4250. 4180 is critical, and although it seems far away, I mention the level because it can absolutely get there today if the news is bad.
I explain more in the video, I think it's worth a watch.
Today is FOMC minutes day. They come out at 2pm. As I say in the video, it's a bit concerning that the market has fallen overnight. Usually the mornings of FOMC are more "muted" kind of trading.
I give some levels in the video that I think are important for today. As a trader with a long bias, I need the market to hold onto 4250. 4180 is critical, and although it seems far away, I mention the level because it can absolutely get there today if the news is bad.
I explain more in the video, I think it's worth a watch.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.