FOMC day so should be quiet until the fireworks start. Note there is a good chance they will be only duds and the show will suck.
As for price - One of two things is set to happen - A) either they are about to go for an unprecedented overthrow and breakout over 2400 or B) as the technicals are aligned across all time frames a 5- 12% correction is coming. 2180 to 2120 should be the floor if the PPT can stop it.
Either 'they' ramp it or something is about to happen to cause a significant decline as a technical Cat5 hurricane is sitting just off shore.
On to the lie -
SPX Daily - Any pop here only makes the negative divergences even worse.
More to come below.
Have a good day.
GL and GB!