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The state of play after the FOMC - Mr Top Step

Discussion in 'Market News' started by ForexLive, Jan 28, 2016.

  1. ForexLive

    ForexLive Forum Member

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    How do things stand after the FOMC? Mr Top Step reveals all Tuesday, after Apple's earnings came in lower than expected, the ESH16 sold off all the way down to 1878.75 on Globex but caught traders short and covering into the rally prior to the 8:30 CT S&P cash open. After the 8:30 open, the ESH16 rallied up to 1894.25 and then sold off down to 1879.75 in the early going, then rallied up to 1910.00 before selling off again. The PitBull said the trade was like the old song; take out the highs, take out the lows.

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