The market has repaired itself from the war fear sell off and positioned itself to be ready for fomc, the stance now is more neutral (before today earnings) indicated that the market is not worry much about the recent economic, or has priced in the data, tomorrow fomc should give the market a decisive move, either for a new high or a lower high at daily chart, vix is holding around 15, interest yield is around 4.7 indicate the market is still optimistic, if not solid good news from fomc, expect market to retest the weekly low.
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