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Evening review Neutral

Fed decision at 18:00 UTC blocks the whole evening review

Evening review at 16:38 UTC, 80 minutes before the Fed decision at 18:00 UTC. The macro blackout runs from 14:00 to 18:30 UTC, so no idea can be opened in this slot regardless of chart quality: entering now means holding the full announcement. That rule, not the structure, decided the whole review. Five names were inside the 0.5 to 1.5 ATR band and would otherwise have been candidates: US 30 at 52512 (+1.37 ATR above MA20 51816), US Tech 100 at 29691 (-0.86 ATR below MA20 30139), NVDA at 217.07 (-1.19 ATR), JPM at 339.88 (+0.99 ATR) and KO at 91.77 (+0.98 ATR). US 500 at 7737 sits 0.10 ATR from its MA20 of 7730, pure noise. MSFT at 527.51 is 0.13 ATR from average and reports tonight. Seven names are late entries beyond 1.5 ATR: TSLA +1.93, V +1.81, WMT +2.06, LLY +1.95, HD +2.49, CAT -1.99 and XOM +2.60. LLY and CAT report tomorrow pre-market, XOM on Thursday, AAPL on Monday, three sessions away, so AAPL is blocked by the earnings rule despite a clean +0.89 ATR reading. VIX at 17.36, down 0.9%, is not an obstacle. Seven reviews have now passed without a signal, driven by the FOMC calendar this week and by extended moves on the single stocks. Tomorrow the blackout lifts and the indices become assessable again if the post-Fed range stays orderly.

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