The Fed rate increase on Wednesday was not unexpected. What hurt the market however was the Fed outlook for 3 more rate rises in 2017 and more rate increases in 2018 and 2019.
While the Fed wants to appear as dovish as possible, the rate increases planned appear more aggressive than investors would like. This sent bonds tumbling which hurt stocks further.
There are new Market Breadth Indicator readings again today which will impact the outlook for Thursday Dec 15 2016.
Market Breadth Outlook For Dec 15 2016
Here are the Market Breadth Indicator numbers at the close of trading on Wednesday Dec 14 2016 and the outlook for Thursday Dec 15 2016.
Market Breadth Analysis After The Close Dec 14 2016
....The rest of the market breadth indicator analysis and outlook is for FullyInformed Members.
Advance Decline Numbers Outlook For Dec 15 2016
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