THE CLOSE

Markets close at the highs as the FED keeps the big rates unchanged- and who isnt big time BULLISH after a day like this. SURE.

Strong sectors include gaming, banks, retail, insurance and trannies while metals, steel, ags and oils lagged.

NYSE/NAZ 2600 net winners;

OK markets over bought as we have RSI (2) levels at near 80 on most major indexes and with the 1290 area on the SPX just a stones throw away- it may be getting time to put on the shorts.