The selloff on Tuesday for the S&P 500 implies a market getting ready for the Fed announcement on Wednesday rather than a weak market. How the market will respond on Wednesday is 50-50. Unless the Fed says something unusual, the expectation is for an inside the higher day.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.