How to trade this week's Fed meeting

Janet Yellen
Joshua Roberts | Reuters
Janet Yellen

The Federal Reserve begins a two-day meeting Tuesday, setting up a winning short term trade in certain sectors and slices of the U.S. stock market, if history is any guide.

In the past few months, market watchers have become increasingly anxious about when historically low interest rates will start to creep up for the first time in more than six years.

But under Chair Janet Yellen, dovish market reactions have been the norm.