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FOMC Done. Now What?
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ticker lesson
Breakdown
0:00lesson
FOMC reaction and pattern analysis
- FOMC reaction is key for market analysis
- NASDAQ falling wedge pattern still in play
- Gold also shows falling wedge pattern
- Tomorrow provides probability info on wedge
- Financial sector bounce at extremes
2:04lesson
Trading FOMC days
- Most traders shouldn't trade FOMC days
- Volatility is high on FOMC days
- Top and bottom fishing key levels
- Stair steps for risk-reward
- Ideal entry points at high and low of the day
4:15NASDAQ· ticker
NASDAQ reaction to FOMC
- NASDAQ had bearish reaction to FOMC
- High of the day at 71188
- Bull break followed by rejection
- Short positions at 711
- Risk of $11 drop from 711
6:25XLF· ticker
Financial sector reaction
- Financial sector led the way down
- XLF hit new lows
- NASDAQ was sideways
- Stair steps on five-minute time frame
- RSI dropped to teens
8:33NASDAQ· ticker
NASDAQ and financial sector comparison
- Financial sector freefall vs NASDAQ sideways
- XLF hit new lows at 1524
- NASDAQ held low at 319
- 4-hour super stack indicates extremes
- Financial sector bottomed first
10:58lesson
FOMC reaction and probability analysis
- Real reaction is at 2:30 PM
- Big money takes time to react
- Falling wedge pattern still valid
- Bullish reaction needed for confirmation
- Probability increases if NASDAQ is green
13:12S&P 500· ticker
S&P 500 and weekly EMA 12
- S&P 500 broke bear and at risk of losing EMA 12
- Weekly EMA 12 shift is a psychological shift
- Potential weekly head and shoulders pattern
- Bulls need to regain daily uptrend
- 757 close needed for support
15:18NASDAQ· ticker
NASDAQ components and support
- SMH and Memory defending support
- Software sector showing strength
- Inverse head and shoulders potential
- Bulls need to regain daily uptrend
- Mixed bag with different sectors
17:36NASDAQ· ticker
NASDAQ components and correlation
- NASDQ components are diverging
- Semis have more exposure
- Meta and Apple showing strength
- Amazon struggling for higher low
- ETFs like MAGs are not reliable
19:48Tesla· ticker
Tesla and NASDAQ correlation
- Tesla is trading independently of NASDAQ
- Weekly higher low potential
- CRCL and SpaceX on watch
- SpaceX bulls impressed by recovery
- Financial sector weakness is key takeaway
22:14SpaceX· ticker
SpaceX and NASDAQ reaction
- SpaceX bulls impressed by recovery
- Potential weekly bull flag
- Testing resistance at 150
- Bears proved control yesterday
- Five-minute volume surge indicates strength
24:43Gold· ticker
Gold and potential falling wedge
- Gold shows potential falling wedge
- Rejected bear break but no follow through
- Need hourly trend change for confidence
- Weekly higher low is key level
- Silver similar to gold in pattern
26:56Oil· ticker
Oil and technical scenarios
- Oil bulls in control with weekly lower high
- Tightening range is most likely scenario
- Monthly lower high and tightening range expected
- Tight leash on energy sector positions
- Avoiding headline-driven trades
29:14lesson
Trading in balancing market environment
- Balancing market environment means less trading
- Focus on technical scenarios over headlines
- Conservative approach with tight stops
- Locking in profits and avoiding losses
- Waiting for strong trending markets
31:48lesson
Trading career and market phases
- Career focused on trending markets
- Conservative phase with base hits
- Avoiding significant gains from consolidation
- Focusing on technical scenarios
- Leaving money on the table for protection
Informational only — this is The Chart Guys’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.