Calculated implied range for FOMC today. With vix being under $15 we normally don’t see the extreme range but anything is possible. The implied extreme range is $130.77, we could drop $40 from yesterday’s close and the close the day up $90 for example. The standard range is $90.25 and I would expect to see all of that move. Rule of thumb is the first volatile candle is normally the incorrect direction. Good luck today and manage the volatility.