Digestion | stockbee

9/18/2012

Digestion

Stocks rallied in to the Fed decision. Post the Fed decision the market built on that advance. In short run this has the market a bit extended. The market might spend some time digesting the move. That can happen with a minor correction or sideways move.

The underlying breadth trends are good and as of now we are not in extremely bullish breadth territory. The market still has room to run.

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