• Tomorrow’s Fed meeting might not give us a specific catalyst for a big move in the markets, but it should free up the S&P 500 and the NDX Nasdaq 100 to tell us where they want to go after the sideways range they’ve been in for three months now.
  • The answer to which way they break in the next week or two should come from the moves in the regional banks, the small-caps, the S&P Equal Weight index, and (especially) the tech stocks.
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