Hello Everyone,

The SPX/QQQ opened higher today but again failed to take out the recent range highs and faded quickly from the open with QQQ making new marginal lows and while the SPX managed to hold just above its prior lows.  Then in after hours, MSFT tumbled hard with NQ making a new low and ES undercutting its previous low (5433) by a  point - both then bounced.  Wild session ahead of the FOMC tomorrow.  AMD fell initially after reporting and then rebounded nicely.  Some positive divergence on the QQQ (120 minute) and ES after hours but onus remains on the bulls for now.  

Here's a link to Tonight's Newsletter.

Please take a moment to look at the trade ideas.