Today's the end of July & the economic calendar is quite heavy
Most important being FOMC statement, expect a lot of volatility today
Yesterday S&P 500 did follow the pattern from Monday again,
(rebound at 1684 & resistance at 1688) but because of a huge drop from 1688 to 1682 & the upcoming FOMC statement, market can be quite unstable & we did not take that risk
If everything goes as expected (no tapering yet), the stock market should continue to go up
If something wrong happens, like when the Japanese government decided to reconsider sales tax hike after bad economic news a few days ago, US stocks might plunge like Japan's did if the Fed makes a wrong move
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