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S&P presses up to key resistance ahead of FOMC decision, bonds rally with stocks

Less than Hour ahead of FOMC decision, S&P futures have pushed up to within striking distance of highs with NDX at new all-time highs..  bonds have rallied ahead of decision, while 2yr which is correlated well with Fed fund futures, shows yields up at 1.39%.  Dollar weakening while Crude remains near earlier highs and set to rally in the weeks ahead-  Both Russell 2k and TRAN both outperforming today which is a good sign given recent weakness and breadth has come in at a very strong 3.5/1.  Yield curves flattening out substantially even ahead of today's move to the tune of 2-3% across the curve.  Energy leading all sectors today, opposite from yesterday.. while Healthcare and Utilities showing sharp gains and industrials managing to rally back 0.60%-  All 11 sectors positive for today, and S&P has pushed up to within 3 ticks of key breakout area at 2376.  Holding today's gains tough at new 3-day highs should help to test and exceed that level and allow for a quick push up to 2400-  Downside area of importance remains at 2351- Let me know if I can answer any questions