Good Morning folks! Big day today as we have two significant news events: EIA Inventory reports at 10:30 am EST. and FOMC at 2:00 pm EST. Check out the Economic calendar tab here on my website for details and results of those reports.
I’m going to keep this short and sweet since I am getting ready to start my trading day. I am attaching two chart markups in which I explain my outlook for the markets today.
CL Outlook for Wednesday, January 31, 2018
ES Outlook for Wednesday, January 31, 2018