Stock Market Exciting Day Ahead

SPX nearly maxed out yesterday as it approached 2285.92, which is the limit of this wave structure. That’s not to say that it absolutely cannot change its form again. However, we’ll address that issue if it comes. Right now, it is overdue for a decline and a measure of the decline will tell us what may come after.
The Premarket is modestly down. There may not be a lot of activity until after the FOMC announcement at 2:00 pm.