All Trends are UP. The Fed announced an unlimited QE program - the market rallied 30+ points and closed near the highs. After a run up like the one we had today - the market may come into Balance before resuming the trend. My focus for tomorrow will be where we open with respect to the Upper Distribution shown above - in or or out of balance? The late afternoon pull back low was the 1450 area and is a key reference for tomorrow. If the market continues to rally the next upside reference is the 1462-65 area as possible resistance.
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