Short term top?

Technically the uptrend is still intact as we did make a higher high yesterday. However, this market will be hard pressed to continue that move today as a higher high would produce an outside day and with the overbought condition of this market it might not have the energy to do that. Today is a light news day and following the FOMC we should see a new set of players that will affect the volume and volatility of this market, we should have a lot more clarity in these next couple of trading days. Once again I will state that the market needs a correction to show signs of health so be careful as it has been a long time since we have had a trend down day.