How We Can See a Post-Fed Rally
The S&P has been killed in the lead up to the FOMC event.
Our View
It may get rough today with the FOMC Minutes due up at 2:00 ET.
I didn't think the Fed would increase short-term rates by 0.75 points, but it seems like that is what the market is pricing in now (see graphic below in the Technical Edge section).
We are entering what could be a very rough period, but at the same time, I think there is a real poss…