Today was a solid session with volume and price ruining in the same direction. Where the rubber meets the road will be tomorrow and the coming days after the Fed. How will the markets react is something every Tom, Dick, and Harry will be trying to predict. Let’s not play the guessing game. Overall, today was a good session. Breadth was favorable on the NYSE yet unfavorable on the NASDAQ. We are in a confirmed uptrend with a big event headed our way tomorrow.
There is a tsunami watch in effect for the island of Maui following the earthquake in Chile. Therefore, short and sweet tonight. Much more tomorrow.
