Closing Update: Fake breakout day & More FOMC/OPEX Week Chop (Chart Update)

Quick bonus chart update here to close out the day to add to earlier todays post. As warned about many times this week combo of OPEX and FOMC likely to deliver its share of trapping and certainly has trapped bulls and bears multiple times. Where we close out tomorrow will be extremely telling and should determine the next sustained trend leg. Technically speaking, today’s drop came from the failed breakout from the perfect, 1 month inverse H&S pattern. Chart & rest of update below