Often we head into FOMC with a strong prevailing narrative. This time, many charts are coiled tight and could break either way, although they are leaning slightly towards an upside breakout (but downside breakdown very much in play). Because of this, the moves are likely to be
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Often we head into FOMC with a strong prevailing narrative. This time, many charts are coiled tight and could break either way, although they are leaning slightly towards an upside breakout (but downside breakdown very much in play). Because of this, the moves are likely to be