S and P 500 Update. Rangebound but no strong reason to exit yet

S and P is beginning to flag at these levels and looks like it needs a kick from the Fed to progress further from here. Be very careful here. We will likely top out between 2390 and 2400 if Yellen doesn't rise to the occasion later today

הערה:

Typo in last line should read 'for move up to 2449' and NOT 2499. Apologies.