ES Journal - 2019/2020

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Looks like the range may be set going into FOMC. Any takers on the final outcome on the day?

Some FOMC days go silent by while others have two-sided whiplash volatility or a strong counter move before the final direction.

Anyone who follow the news/economics who knows what to expect from the FED?

EDIT: I posted this incorrectly in another thread. For what it's worth...

It's probably futile to make predictions on a day like today. The only thing I'm certain on is that the range isn't set.

Currently, we're at 15 points. It's 81 trading days since we had a range equal to or lower than that. Something should give...
 
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With the markets pop to ATH's, worndering if we see some profit taking, slow start but looking for acceleration


Wednesday's coronavirus numbers in the U.S.: 230,000 new infections, a record 113,090 Americans hospitalized with the virus 3,600 deaths, a record https://t.co/EPhYiyKOSh
 
EON Kid said:
With the markets pop to ATH's, worndering if we see some profit taking, slow start but looking for acceleration


Wednesday's coronavirus numbers in the U.S.: 230,000 new infections, a record 113,090 Americans hospitalized with the virus 3,600 deaths, a record https://t.co/EPhYiyKOSh
More...

We may be at all time highs, but we have much more upside to go. We should see something in the SPY, approaching the 379 to 81 area, But long term charts are suggesting there is more upside room.
 
Got to be bullish ahead of this week. 3760 is the number I'm looking at.

Might see a consolidation first on Monday/Tuesday - or not. It's quite possible we'll just gap up and drift higher into the holidays...
 
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