(GET READY) QQQ's Expected move for FOMC

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All right so we are right at the 35 EMA you could see that we’ve had a pretty strong rally along that level since the beginning of December we did drop underneath that for two trading days but then we got back above it with CPI and continue to rally so 35 EMA huge level right in the middle of our trading range.

The implied move for today is between 530 and 542 for tomorrow. It’s 528 to 543 and four the 30 day average 527 to 545 and that 35 EMA is the big level in our trading range underneath that we do have that up gap from Monday up and then consolidated back to the 35 EMA for FOMC. Five 3915 is where we have previous all-time highs. That is a little more than halfway up our implied move then 542 is the top of the implied move today 543 tomorrow underneath us that gap the bottom of that gap is 530. That is also the bottom of our implied move 528 is the bottom of the implied move tomorrow on Thursday and we have that 30 minute underneath all of that and we also do have that gap from last Friday that is sitting right on top of that 30 minute 200 moving average as well

Sorry that this is just one lot run-on sentence today. I’m used to making the videos and just speaking it out and this is speech to text. Hope y’all can make out what I’m saying. Lol