Short sellers could fuel a move higher up as we head into fomc on wednesday. I'm looking for a deviation below t+2 lows or previous day lows and for some responsive buying to go long along side the move higher up to previous month's half back and take out upper stops. If price can find support above the previous month mid point we could take out the highs from where this move down originated from.
Chart Patterns

trader itcha
Also on:

Disclaimer