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Lets get right to the report...
Read MoreHonestly, there was little permanent reaction when the Fed decision was made known, but we can't say that a lot changed. Expectations remain the same, so lets review these markets....
SPX - This was in yesterdays report, please read the chart. Also the signs of improvement in the XLF continued.
DJIA - I expected a dip, but this reversal after the Fed may have follow through upside. This consolidation could be forming an inverse H&S.
Read MoreAs the Fed Decision approaches, it is expected to be a non-event when it comes to an interest rate hike. It does appear that some sectors are lined up for some changes, however. Let's discuss why.
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