Market Plan for March 20th, 2024
A highly anticipated FOMC
Good evening folks,
We had a rather unusual pre-FOMC day with a straight upward rally of 30+ points that occurred in the middle of the day. We spent the morning chopping and the rest of the afternoon chopping after this. We also took out yesterday’s highs, although this could all be noise before FOMC. We took no trades in the High-Roller Room.
Will tomorrow cause a large one-directional move, or will it be a nothing burger? Will it even be tradeable? Here’s my plan: