Markets have slowed a bit ahead of the FOMC announcement at 2.15- SPX +13, NAZ +38 and DJIA +72.
Strongest sectors- metals, trannies, homies, tech and semis while drugs, retail and telecom lag.
NYSE- 1900 net winners;
NAZ- 1300 net winners;
SPX - 455 GREEN;
NDX- 95 GREEN;
VIX down 5% at 29;
TRIN- .68 with up volume about 9x the down;
Gold +11, Crude +23 cents and Nat gas down 3% at 3.78;
Market having a very tough time getting past R3 on the ES at 905 area- My plan for the day - dipping into UNG/DIG/XLE for a swing trade as they are over sold and looking to off load some other longs which are up a bit too much today.