Look for a repeat of yesterday with our markets.
Same Futures pattern repeating. Gap up with tons of printed Fiat bucks to try and support it.
Once the FOMC makes it's announcement it's a crap-shoot.
Head-fakes in direction once decision is made are common and usually end in tears if you buy the first reaction. Always wait. Statistics show if you buy the second move after the announcement you will do well.
Head-fakes are common on the down side to hit limit order stops placed by mostly retail investors (what is left of them) or not very experienced technical traders.
A common re-tracement is, you guessed it, Fibonacci numbers. The common mistake with this is to place it at exact points on the sequence. Place it below the common points and you have a better chance.
It's much better to watch it live and decide but if you must place a limit stop order at least try that.
The big boys know where the retail markets place those orders on limit stop (downside on long position) and buy stop (upside movement protection) on a short position.
Given much on the short-side over last few months and the reason for this is simple: that is the noise it produces as it directs the people who filter well.
Anons
This is not a difficult thing to do, imo, if you filter well. The biggest issue for many is the language the financial business produces to confuse you. Turn off financial tv for good for nothing but data. It is important to listen to what the talking heads say for what the normies are fed. They are fed information many days or weeks after all the big boys have made the position changes to benefit from the opposite side of what they peddle.
Do your own research and you can do this too.
It's very similar to this op without the life-changing aspect of what this board/anons/POTUS/TEAM everyone, really has done for all of us.
Honored to be with all of you.