Very decisive bullish action with volume to match in SPY, DIA. QQQ made yesterday's action look like a bear trap. Was busy at work this morning so missed the big move up and probably wouldn't have been able to hop on the runaway train after it pulled a bull flag in the early part of the session (which I unwisely decided to short w minimal gain).
While encouraged by today's action, was hoping for a convergence between oversold conditions and the FOMC announcement. Tomorrow looking for a retrace to SPY in 200.0 zone for 1/3 pullback and go long.