Looks like pm’s have no fear of the Fed this am, although I think they were up before the prior meeting and then got sold back down after the announcement. I have no idea why they’d be up, other than oil is giving back a couple bucks and the SM futures are a little positive. Rates are down slightly, dollar up slightly.
Come hell or high water, they’ll be sold after the announcement OR if the SM rallies because they didn’t raise, they’ll be sold back down tomorrow. They are sold 100% of the time on either side of a Fed meeting.
In the meantime, we can enjoy it while it lasts.