2850 is the short term target for the Bulls. If Bears have anything, they will need to defend that level. Bullish recovery overnight began by the spring bottom during yesterday's day session. I'd expect Bulls to be lurking in the shadows today to swoop up any possible dip. FOMC later. Won't be a hike but statement will likely suggest 3-4 rates coming this year. Bullish for the economy. Bullish for stocks overall.
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