SPX - pick your poison
Updated
I see two likely scenarios from here into fomc on Wednesday. Either we rally and then sell down after fomc to 3700 area or we sell into fomc to 3700 area and then rally after. So as of right now, I think rallies should be short opportunities but a hard sell off into Wednesday may be a long opportunity. Many are calling for a 2008 - like crash, but I don't see that happening unless we break the previous lows (under 3600). Good luck!
Comment
Triangle idea also still valid. (blue marks) Comment
djt much stronger than indexes, sometimes a leading indicator
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