FOMC meeting is positive the market , if your going to buy this market and go long this is not the right price to be buying wait for the retracement and go long. They have Bought the rumor and now we going to sell the news.
Profit taking is a must it makes the chart looks healthier. Although I am Bullish long tern it doesn't mean we cant make money on their...
Their is no reason why this market will go up right now, We stil have 1 month before voting election.
on Technicals Bears are watching closely the 2150 to 2155 range /61.80 retracement from the fall .
Keep your stops tight . trail when your advance . Happy trading traders.