With the SPX and the DJI up all day,, the Dow transports, the COMP, QQQQ and the RUT have been off. The 10 year note and the long bond, after being off most of the day, have caught a bid and look to be closing the day on the plus side. Not the correlated trade the Fed was likely hoping for.
Although the Momentum Change Buy signal of 12/1 is still in effect, day traders should be aware that all may not be well for Tuesday.
Bill
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