top is in, page-60

Often it is the case that the day following the Fed decision is more important for stock market direction.

As Voltaire says - a rethink could occur.

However, the severely overbought daily stochastic was a clear warning - now the short term down trend has broken to the down side.

Confirmation by a negative break of the daily MACD would be needed for a convincing reversal.

I'm not a day trader. My comments refer to the intermediate state of the market.

What will happen intraday or tomorrow is a mystery to me. I'll leave that for smarter people than I.

Cheers
Red