This is a shorter term pattern but it looks pretty clean to me. I'd expect this to break to the downside and chop around until PCE. Either way, whatever happens overnight will likely be insignificant compared to the reaction after PCE.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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