Chart

After the opening prices broke the green uptrend channel and retested the highs. From there a good sideways action. Prices stayed inside the yellow range pretty much for the whole trading day. All traders are waiting for the most important news of the month, the FOMC meeting, starting 1 hour from now. Didn’t see many trades today as prices mostly moved sideways from one side to the other with stacked-up bars. I am staying out of any trades by now and come back tomorrow as it can get very volatile soon.

Hope you had a good trading day.