The Week That Really Counts.....

It's here at last! The week that will completely defy technical analysis by the time it is through! Technical analysis reveals sentiments and trends based on historical data, which makes it totally useless in the face of events which cannot be predicted with moral certainty... the Fed's Policy Decision! Any up or downs before the Fed meeting this Wednesday (see economic calendar) will only be speculations and more speculations. Technically, the Dow looks great to start another rally like we last saw in August as it bounces off the 30WMA. However, don't bang on it so much as the Fed meeting can still change everything.