In the alternate universe I was in yesterday, the FOMC meeting ends on Thursday. That turns out to be a day late in this one, so the excitement ends tomorrow. We probably can look forward to another day on this weird neckline around 322 SPY.
I’m really not expecting any kind of blast off here, but keep in mind that opinion comes from someone who gets Wednesday and Thursday confused.
This coming period (August/September) is typically not bullish.