Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion

Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion

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Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
FOMC Day Breakdown & Dec 15/16th Chart & Trade Plan

FOMC Day Breakdown & Dec 15/16th Chart & Trade Plan

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Adam Mancini
Dec 15, 2021
∙ Paid
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Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
FOMC Day Breakdown & Dec 15/16th Chart & Trade Plan
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Fomc Day today at 2pm - often these days are quite boring until 2pm then feature a full days volatility in a few hour span (most of which will be noise). In general, predictability is lower so my approach is size down, and trade less (anything can happen) - I often just hold a small core position into it and trade the price action as if it was a normal day with no news event. Regardless, yesterdays note showed the major important of bulls rallying at 4605-4590, and we got a nice bounce to my 1st 4635 target. There is a major bullish month long inverse H & S pattern forming now that will determine next few week trends, but some caveats with it. Chart and full trade plan below

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