NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Choppy in Premarket Trading Ahead of FOMC

Group 1 - The Dow Jones 30 is currently flat as traders await the FOMC interest rate decision, with expectations for three interest rate cuts by year-end [1] - The S&P 500 is experiencing choppy trading, with market reactions anticipated based on the Federal Reserve's rate decisions [3] - A significant support level for the S&P 500 is identified at 6500, with expectations for a potential V pattern recovery after any downward movement [4] Group 2 - The market is sensitive to the tone of the FOMC statement, which could influence trader sentiment and market direction [1][3] - A breakdown below the rising wedge pattern could lead to a test of the 45,000 level, a psychologically significant figure [2] - The overall market sentiment remains bullish, despite the anticipated volatility in the hours following the FOMC meeting [4]