JPM Traders on FOMC scenarios tomorrow

JPM Traders on FOMC scenarios tomorrow

1%- Fed hikes $SPX drops 2-4%
4% - Fed pauses $SPX drops 1-2%
40%- Hawkish 25bps cut - $SPX flat to down 0.50%
47.5% - Dovish 25bps cut - $SPX gains 0.50%
7.5% - 50bps cut- $SPX loses 1.5% to $SPX gains 1.5%

TLDR 88% chance we are flat.

— Tom (@TradingThomas3) September 16, 2025