V1 - We have Fed news today which can bypass all standard logic on the charts; be careful. I think we may get shorts for a moment then the uptrend will follow unless the news from the Feds is terrible. As always, I will provide updates. I want to position myself for buys until the news results, but I have seen plenty of times bearish moves until the news hit then price goes bullish in a bullish market and vice-versa for bearish markets
Note
We are continuing to wait for an entryNote
While I did not enter into the buy from the area I pointed out, Others have and made money, I need that extra confirmation. If another entry presents itself, I will provide a new chart and updates
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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.