Quote from Lawrence Chan:
As mentioned, 1007.5 is bear's last line of defense.
Some reaction is expected, BUT, most size players are waiting for fed announcement ...
So the PA can be messy here.
The charts are making me wont to be short so bad, but the announcement is coming and I can't take that risk.
Like the NQ from 1623 to 1600. It looks good.
Edit: Small problem is that the note and the bond look like going down too.
