The session drew down -6.65%, resulting in a net loss of $7,980.50 off the cumulative total P&L, which now stands at $112,052.94. With a win rate of just 40.0%, the algos executed 30 trades, yielding a gross profit of $4,987.50 against a gross loss of -$12,968.00. The profit factor of 0.38 reflects a challenging trading environment, characterized by average winners of $415.62 and average losers of $720.44.

Market sentiment remains firmly negative, as indicated by the latest AI Sentiment reading. The AI Regime also indicates a sustained low_vol state, with confidence at 100.0%. Adding to the complexity, historical data suggests the coming weeks during midterm years typically average a decline of -0.23% with a low win rate of 42%. Factors such as geopolitical tensions, notably recent explosions in Kyiv, and the upcoming Federal Funds Rate decision contribute to market uncertainty.

As traders eye the impending FOMC statement and press conference, all eyes are on Microsoft’s, Meta’s, and Qualcomm’s upcoming earnings reports due after the bell. With heightened anticipation surrounding these disclosures and macroeconomic metrics, including tomorrow's Advance GDP, volatility is expected to persist.

Moving forward, algos will be vigilant for potential market shifts in reaction to the Fed announcements and economic data releases, which may alter the current sentiment landscape.