Thoughts for Wednesday 6/14

PPI and FOMC day

Great day with some straight forward setups. Tomorrow is FOMC day so stay nimble and size small.

This was our plan on Tuesday. As we were above 95 after London open, tape flipped long against 92 area. Which gave barely +4 points due to tight range. Best action was after CPI release which saw dump to 80 which was our bull bear and then gave long against 96 area as 92 was holding.

Econ Tomorrow:

Rest of the content is for paid sub stack users and is also shared with members on private telegram channel (Note to telegram members: please do not ask me that you do not have sub stack access, you don’t but the content behind paywall is already posted on your channel. Thank you).

Sub stack subscription does not include real time telegram alerts it only includes this nightly news letter with levels and possible setups. For real time alerts please go to https://futuretrader400.substack.com/about