Yesterday saw another strong surge, everything is as expected.
The drop was quickly followed by a rise, and the bullish structure remains solid.
Tonight there is a Federal Reserve decision, and the overall direction continues to look bullish;
but we must also be wary of a rapid drop after good news is realized— the trend is strong, but we cannot lose our risk awareness.
Today's strategy: 4195-4175 support for longs.
Targets are 4230, 4240, 4255.
Previous resistance has turned into support, the structure remains unchanged, and the trend is still bullish.
The 4220 resistance level, which was repeatedly emphasized yesterday, allowed for profitable exits for long positions. By following the rhythm, the results will naturally be good.
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