As can be seen, the buy signal that I called out yesterday was actually good for as much as 10 points if held into the afterhours.
I'm not a total fan of runups before Fed announcements. I think it many times provides a selling opportunity post Fed. We'll see what happens this time. Long term trend is up---
I would think strong resistance at 2380 and we're at 2374 now. ---Have to bust through 2380 for legs.
When I see rounding tops which is slightly preceded by small breaks of highs which form rounding tops, and in this case complex H&S, to me is huge for getting 2-4 points and can become longer profits.