Fed will be in focus

Market has been down three days in a row and yesterday was 500 plus day to downside. on Market Monitor.
The pattern for few weeks has been Monday selloff followed by Tuesday reversal. So let us see what happens today.
Lack of buyers means follow through on breakouts is a problem. But earnings season is still on and earnings breakout is still where the action is.
Today is Fed interest rate decision day and it can lead to wild swings and it can often lead to change in prevailing trend.

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