Nasdaq is sliding ahead of the FOMC meeting, but let's not forget the old principle “buy the rumors sell the news”. FOMC press-conference may become a trigger of a reversal as shown on the chart. However, it makes sense to wait for a reliable confirmation.
Trade closed: target reached
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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.