Welcome back everyone!
This week will be driven by the Interest Rate decision and the FOMC. I do not think we will hear anything new from the Fed. As always, the levels will be where the opportunity is revealed, and any volatility in the session will be captured. Upon a large move, there could be a significant tech selloff to pursue or a major rally off the previous week's selling. Bulls are currently in favor, as we have seen the recent CPI release come out, moving closer to the Fed's 2% annual target. For the rest of the week, there really aren’t any events that I have noted to bring volatility, so I will just wait for any outlier releases. Prices on the indices have remained inside the uptrend, so my perspective on them will continue to expect upside for the time being. Additionally, I expect a great week for my earnings predictions along with continuation of upside on the COT Setups, which are all included inside this post.
As most of you know, videos are released inside the Flow State series which show the value areas along with the Daily Levels for Monday's session. This video will be released tomorrow as I was very busy today, and it would be too late of an upload to put it together. Stay tuned tomorrow if you are anticipating the video!
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