From today's EMiniPlayer.net Trade Plan: The buying from Tuesday's Close continued in the Globex session.
Responsive Sellers capped the upside at the 1381.50-1383.50 Key
Resistance. Heading into the day session, we have Initial Resistance at
1381.50-1383.50, followed by 1386.75-1388.75...Price typically remains in a narrow range ahead of the FOMC
Announcement. Buyers are in Control, and a bullish Response to FOMC
could result in a test of the 1386.75-1388.75 and 1391-1393 Resistance
Zones today. Use the Opening Range and the 1379.50 Micro Bull/Bear Line in Sand to establish immediate bias.
5-min Chart with EMiniPlayer.net Support/Resistance Zones
View full size chart
5-min Chart with EMiniPlayer.net Support/Resistance Zones
View full size chart
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