Exceptional breakdown of the pre-FOMC compression dynamics. The observation about the 25,600 demand zone holding through multiple seller attempts is key because it basically creates an asymetric setup where bulls have a tighter stop structure once 25,700 breaks. Worth noting that if Powell leans even slightlyhawkish against current dovish pricing, the unwind from that coil could overshoot downside targets fast given how thin liquidity tends to get post-statement.
Dec 11
at
4:02 AM
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