Morning Outlook - FOMC

7/31/2024 - Wednesday

Jul 31, 2024

Good Morning Traders,

We have double bottomed hard from yesterday and the ES has moved up 90 points in the overnight for an astonishing push. As you all know we have been balancing in-between the 2 significant daily’s as predicted for ES at 5532 and 5436 as they fill in this area we spoke about in the podcast and in the morning outlooks where a market so desperately needed made. We have a slew of huge news today including FOMC today, SO the real question is will they pop out 5532 area and launch to 5600 or will we continue to rotate and balance in our 100pt zone? take a look at what’s significant in video below to help guide you and trade safely today

Cheers
Ryan Bailey

Conquer the Markets Trading Plan

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