THE KOG REPORT - Update (FOMC Looming)

End of day update from us here at KOG:

A choppy day but opportunities still available within the range for both those looking to buy and sell. We gave the levels yesterday for the potential bounce at 2150 and 2155 which gave a decent move for traders.

Support 2146 with resistance 2160 holding and accumulating price at the moment so we could see them settle here for the remainder of the session.

Tomorrow, the range could be a bit larger during the Asia session with the levels we've mentioned on the KOG Report coming into play. Wouldn't be risking trading now though, until after the release.

We'll put together our plans and analysis for FOMC and release them shortly before the event.

Until then, as always, trade safe.

KOG