Charting a holding pattern, S&P 500 asserts the range ahead of the Fed

U.S. stocks are mixed early Wednesday, largely treading water ahead of the Federal Reserve’s policy statement, due out this afternoon.

Against this backdrop, the major U.S. benchmarks have asserted a holding pattern, digesting a respectable September downturn.

Before detailing the U.S. markets’ wider view, the S&P 500’s  hourly chart highlights…