FED day has once again shown its 'volatile face' so to speak. After the announcement and an intial first market reaction, things went mostly higher, but then in the last 30 minutes of trading, all was given back. Nonetheless, the indicator has become even more bullish so. And looking at the bigger picture in the S&P 500 and NASDAQ, we're still above the sma200, roughly around the sma50 and the sma20 above the sma50. For trading the S&P 500 tomorrow, Thursday, June 16th, the Greed and Fear indicator is expecting a higher close.