The U.S. stock market indexes are currently mixed between 0.0% and +0.1%, as investors wait for the FOMC Rate Decision announcement at 2:00 p.m. The S&P 500 index fluctuates above the important support at 1,770-1,775. On the other hand, the resistance remains at around 1,800. The S&P 500 futures contract (CFD) trades in a relatively narrow range, below the resistance of 1,780-1,785, as we can see on the 15-minute chart:

Our intraday outlook remains neutral, and our short-term outlook is neutral:

Intraday (next 24 hours) outlook: neutral
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish

Thank you,
Paul Rejczak