Fed Decision Fuels Stocks Higher On Strong Internals

The Stock Indices exploded higher today after the Fed announcement on no interest rate change and possible lowering of rates in the coming years. While price development powered higher, so did the internals with volume and breadth supporting the move. The Market closed at the higher of the day suggesting follow-through tomorrow. However, keep in mind, often traders have a different opinion of value the next day. I would be surprised if that occurred due to the internal strength today, but we have to be aware of the possibility.

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