Slow action for the indices ahead of FOMC interest rate decision on Wednesday. SPY holding 212.30 important support zone but not doing much to break out of resistance and printing a bear flag pattern.
Market needs a catalyst to make a move, hopefully interest rate decision , Wednesday will provide a direction for the Market. Beside few Biotech names , not much actionable trading out there.Range bound hit and run trading strategy as long we are in the range via buy low, sell high within range.If you are struggling with your trading or learn how to trade you need to check out our trading courses. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
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