The key events this week: Federal Reserve meeting and Microsoft and Apple earnings reports.

Technicals: As we said last week the support for the S&P 500 was below the 200-day moving average at about 4300. On Monday, the market fell -3.9% but then rallied to be up about .28% on the day after a rumor was that the Fed was not going to raise rates in March because of the current slowing and the Omicron variant still impacting the supply chain.