SPX Basing Through Indecision (Investorideas.com Newswire) S&P 500 did more than post-FOMC retracement – the move cut into Sunday‘s S&P 500 gap, accompanied by bonds trading sharply lower as well. Institutions also sold the close, and where it matters (XLK, XLC, XLY and XLF). But I have doubts as to whether the negative sentiment would prevail – the shape of sideways European session was a sign in itself – and likewise confidence returning to bonds will help equities. Keep enjoying the lively Twitter f ...