This week... rallied off short term oversold, at meditm term oversold, and Fed to hike interest rate

Was hoping to get this post out on Monday but wanted to wait until the Fed meeting to raise interest rate today. Anyway, since the last post, the stock market formed the pattern I was looking for... just not exactly what I was looking for. I was looking for a brief move down first but that didn't happen as the market bottomed and the rally back up was higher than anticipated. Monday the stock market was short term oversold so I was anticipating a brief rally early this week. Medium term, approaching oversold but would like to see more oversold in the stock market to get a solid buy signal. So even though stock market could be at short and medium term oversold buy signals I wouldn't be surprised in the next few days the market will move back down below Monday's lows before making the final bottom. From there the stock market should attempt to rally big back above the highs set this year. For the Dow, SP500, and Nasdaq, rallies to new all-times highs.