Pre-close View… Short-changed.

Fresh highs retraced and reversed.

This morning’s surge into the noon hour had violated pullback limits upon testing 1906.50 and 1910.00. That was likely to end the rally until the FOMC statement.

A pullback to 1898.50 had cleared room for a knee-jerk reaction up on the FOMC news. That only attacked 1910.00 to within 1-2 points before reversing back down as abruptly. And more aggressively.

Sliding to 1865.00 has found support back up to 1877.00. And that could bounce to 1882.00 —  unless tentative support at 1869.25 gives way to 1859.50.

Sellers gained traction, so avoiding lower lows tomorrow morning would require trending back up sharply overnight. The nearest higher objective would remain 1913.00. Regardless of whether 1910.00 comes close enough, it is very shallow compared to the recent range.