June 15

Multiple Time frame Setup before the Fed Annoucement

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Multiple Time frame Setup before the Fed Announcement.   There seems to be a lot of Day/Swing trading multiple time frame support/resistances setting up.

Here is what we are seeing.   All charts are provided by eSignal.

Below is the weekly chart for Crude Oil.   It has a iMTF Support at 48.15.

2016-06-15_cl

Below is the 60m chart for Dollar Futures.   It has an iMTF resistance at 94.84.

2016-06-15_dx

 

Below is the 60m chart of Gold futures.  It has a iMTF support at 1286.90.

2016-06-15_yg

These 3 main products have iMTF at the day/swing trading level.   It would have been better if it also included the long term but it doesn’t.

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Tags

crude, Currency, dollar, fed, Forex, futures, Ichimoku, ichimokutrade, oil, stocks.stock


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