Quick Notes:
The market continues to consolidate quietly, but under the surface the Regime Strength Line is grinding higher — a constructive sign heading into tomorrow’s Fed meeting. The tension between price and momentum is building, and the next move could define the tone into year-end.
The market is essentially waiting for confirmation. A hawkish surprise likely pushes regime momentum backward — but if the Fed stays neutral/dovish, the improving internal conditions could finally express themselves in price.