There are still several hours before the FOMC announces interest rate hike, so we still could see this yellow zone probed. Breaking the low should be ominous.

Recent action has been identified by DSE's algo's and I've muscled up my laddering, as shown in the notes in upper right corner, and seen by my raising of the ladder rungs

Ndx has returned to the price level of April 2022, as has the RSI indicator, while the breadth indicator has mimicked the same lower high pattern. When it happened in 2022, Ndx fell 27% in the following six weeks, and 32% in the following six months. Just sayin'...

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FOMC announces interest rate hike or pause in 25 minutes, and indices are at peak exuberance not seen since All Time Highs...this should set up a reversal in coming hours/days, and potentially severe price declines in coming weeks/months.