Sentiment: Weekly S&P 500 is bearish. Daily will be sideways this week until FOMC minutes released on Wednesday.
There are no real trades to make outside of downsizing a little more on technology companies. No chart this week as there are news about a 75 bps rate hike announcement probably coming on Wednesday. I am basing that on the following data from: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html
The chart above as of 10-31-22 is 88% sure that the FOMC minutes will announce another 75 bps rate hike on Wednesday 11-2-22. Watching the market reaction after that occurs will dictate next moves in the market. There are some earnings reports I will be following as well but everything mainly hinges on FOMC Wednesday.