Hike or no hike? What about forward guidance? What is the dot plot and how did it change? What will Yellen say at the press conference? How is economic growth? Are risks to growth balanced, or nearly balanced? Is low inflation temporary? JOLTS? Wage growth? Are global pressures still a factor in FOMC rate hike decisions? etc Etc ETC!
Simpler method, yearly pivots: SPX 2015 and NDX 4373 and if those reject, back to INDU YP 17048. Bullish above, especially with the look of support; bearish below, especially with the look of rejection.