Charts 06-07: This projects out nicely to the June FOMC
The tape since the 2044-ish low is drawing an ending-diagonal, with its recent chop making the case that the top is not yet in, and that we are not yet impulsing lower.
Looking at the slope of a few of the legs of this mess, one more leg of similar slope would land us back at the top of the wedge, up in the SPX daily Bollinger Band land at last, right into the June FOMC meeting.
Janet will raise. She already told you this. Several times already.