2-day Fed meeting begins today. 100% chance that Fed raises overnight rate by 0.25%, all priced in already. Rate hike cycles are bullish for stocks (when inflation is "in check") so continued bullish bias with the indices. Holding zone = pivot. Looking for price to escape its hold. Yesterday's cash gap now closed. A cash open today closest to unchanged is more bullish than another gap open, from an intraday perspective.
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