MM Afternoon Notes

MMI is looking for an up close today.  Tomorrow is a close down day with a mood pattern that points to a focus on news/data (and it happens to be FOMC day).  However, if today closes < +/- 2.82 from yesterday's close it would make tomorrow a flip up day (likely moving from down to up).  

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."