FOMC , getting D Z

After close analysis:

Mr. Greenie was supposed to tell us something today and he did (.25 hike). Market languished in the morning with no real movement. 'dbq' even noticed some bars were 1 tick lol... After announcement market took off to the upside and there was a 6bo setup on AB, then down, then UP (are you getting dizzy yet!). Only 1 trade on a 1bar reversal off ema (few peanuts but better than nothing). I did very well sticking to rules (no trading till 45min after FOMC) and to overall market direction: long side. That's more important than what I made! Usually market will make a major move ala TD, a day or 2 following FOMC. Let's see what happens!

Interesting ema from FL on AB 3min. chart, maybe can add? will see... and how about that euro that rosie keeps jumping on?

Observation(s) of day: Addq hit bottom of yesterday's bo range and stalled upward movement in the morning. How about fast ema support on AB? Amazing!

Market breadth opened lower than previous day with Addq and Add hitting yesterday's bo lower range as resistance. After FOMC Vold and others picked up and closed in +ve uptrend. Vold closed lower than previous couple of days @516.

Futures were a snoozer for sure early in the day. Someone in room mentioned 'trader trance' (hehe)... After FOMC and a little bit of chop, the emas held and breadth picked up on the long side...vrooommm... NQ broke down and retraced back to ema, that's about the only -ve in the market today. AB found solid support on faster ema with nice reversal bars for hi % long entries. ES breached ema only to close above it for the day. So there you have it for all 3.

Indices were mixed. Dow seemed to be on a mission and breezed through 10550 area to 10620 area. I bet that the market reversed to upside on SOX and SMH ema support!

Overall positive day!