We are between Fed and ECB. This SPY 5 minute chart shows where the action was after the Fed announcement. The market reflexively sold off after the announcement. Most stocks recovered pretty nicely then really sold off hard into the close.
On the weekly chart, SPY looks like it is ready to challenge last years highs. The bearish view is obvious, the bullish view is that we did not sell off much yesterday. Tomorrow would be day 3 if the market declines. Many times you will see a decline with some kind of turnaround. This could lead to some good buying opportunities.