Maybe we close SPX at 1258-1262 today in prep for tomorrows FOMC. As it stands right now on the SPX 5 min the index is a rising wedge, a money flow push into the close could push the top end of that wedge higher and we channel up, but that should be a bearish pendant either way. Tomorrow at 10 we have ISM so that might be a good report and cause a rally to 1266 then maybe ranging until FOMC. Just a W@G.
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