FOMC Move 100% Retraced - Now Into VPOC
The index gapped lower this morning (following yesterday's bear engulfing bar) and price showed continuation off the open, before finding a bid versus the 5237 LOI.
This was a 100% retrace of the FOMC move and the pre-FOMC vPOC.
RTH daily candles now show hammers… The main watch for tomorrow will be whether buyers can show follow-through above today’s high.
This was a 100% retrace of the FOMC move and the pre-FOMC vPOC.
RTH daily candles now show hammers… The main watch for tomorrow will be whether buyers can show follow-through above today’s high.
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