Another awesome finish to today!!! All our targets from our trading plan posted yesterday 1878 and 1888 targets were HIT perfectly. We also had a pre FOMC target at 1875, which we took before FOMC and then the FOMC CANDLE gave us the TP to finish off nicely.
Bullish TARGETS 1888, 1896
RETRACEMENT RANGE 1869 - 1863
SWING RANGE 1856
DAILY CHART
Keep this chart in mind when asking why we keep buying dips. The daily chart always reminds us of the overall long term trend and the BULLISH STRUCTURE.
We will keep you posted with any changes throughout. We expect a volatile week and therefore keeping the swing range in mind to manage risk effectively.
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