Market Plan for March 19th, 2024

Pre-FOMC chop...

Good evening folks,

The market has some incredibly dull action today. We started the day by rallying heavily, moving up nearly 30+ points from Sunday’s low at ~5130. We continued rallying even more at the open - we ran up to 5184, a whole 50+ points from Sunday’s open. Most of the day had low-quality price action that went nowhere, and we closed around 5160.

High-Roller Room results:

Does the market keep grinding higher in anticipation of FOMC, or does it drop further? Here’s my plan: