SPX FOMC game plan

S&P 500 was duly disappointed by retail sales, and another push lower came on Trump‘s Mideast statements. Today‘s spotlight will be FOMC and tough explanation of no cut given the job market status (sure, today‘s unemployment claims aren‘t red hot, but the slowly rising trend is there in continuing ones), and I talk this and a lot more incl. winning trade for clients ever since I was eyeing it first before the 20y Treasury auction. USD is onto something, and the policy moves, dot plot and explanations made during the conference will reverberate through the markets today, as per below‘s client section analysis.