The action today matched one of the scenarios I laid out last night....a move back below 900 on the S&P to make it appear that the market made a false breakout earlier and was now failing. It was a feeble attempt at that. Volume contracted as would be expected. It was bullish action any way I look at it.

I'd prefer to see some more downside action in the morning but I doubt the market will make it that easy. It'll probably resume it's rally regardless of the news and start its trek towards 1000 or so. If it waffles around for a day that would be fine as well, but I'd be surprised if it did.  

If you're long, hold for the next leg up. If your neutral you could buy any pullback in the morning. If your short, you better pray.