Tuesday, June 12, 2018

NQ Guideline For Wednesday

Ahead of the FOMC policy decision announcement on Wednesday the stock market simply traded sideways as sellers continue to sell into buy programs.
Image result for fomc meeting
Buy programs should continue to be very aggressive on Wednesday. Whether or not the stock market will continue to rally on Wednesday depends on how much selling is triggered after the FOMC announcement.
 
Key support for NQ on Wednesday will be 7200.