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 Today is the Federal Reserve’s hotly anticipated interest rate meeting.Expectations in short-term interest rate markets are for the Federal Reserve to cut interest rates four times next year. Now this seems a very dovish expectation. The seasonals over this period favor S&P 500 selling. Just look at the bias for heavier post S&P 500 selling and some of the maximum falls.Don’t forget that tomorrow we will also have the dot lot from the Fed. If they show, via the dot plot, that they are expecting higher rates for longer then watch for heavy S&P500 selling in line with the risk event feature highlighted by Seasonax. The major trade risk here is if the Federal Reserve affirms short-term interest rate market pricing and/or signals a coming rate cut.Video Length: 00:02:47More By This Author:EURUSD & US CPIWill The US Jobs Print On Friday Send Gold Soaring? Will The BoC Sink The CAD?