1pm update - China syndrome, so hot right now

US equities are holding borderline significant gains, with the sp' having cleared resistance. There is a clear price gap zone of 2075/72... and with the FOMC min's due at 2pm.. there is threat of a retrace. However, regardless of any such retrace... broader trend remains bullish.


sp'60min

Summary

Price action is again getting real choppy... ahead of the Fed press release.

A brief spike into the gap zone, and then reverse into tomorrow?

More than anything, what should be clear.. 2019 is a core low... and we ain't likely trading under there any time soon. Hell, I am seeing renewed talk of a year end close in the 2200 or 2300s!

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Meanwhile... in my world...

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The new trailer for Zoolander 2




yours...
    would not serve Mugatu a Latte.