50DMA down 20DMA down 5DMA down Price is set to open gapped up and ready to test the 5DMA + Fed VWAP + COVID low VWAP. Will price break through and use these levels as support? If it does the next target up is the VWAP off the most recent daily leg up, and a possible gap fill from the Fed decision day to the next trading day. If not, then those lines may become resistance. We'll see! No swing trade safe set ups. Intraday trade targets presented in the video.
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.