Pay close attention to XLF today (FOMC) - Although it is currently testing support there's an option for a false break signal here.
If XLF won't close in green today after Powell's message, this can be a trigger for another short term wave (and potentially even a strong one) in U.S stock markets.
BACChart PatternsfalsebreakJPMSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisXLF

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