The S&P closed at nearly unchanged during a volatile week last week. According to the technical model the market is SELL for all size equity indexes in all periods. Bonds are still favorable despite the Fed decision.
For some time now the technical model has advocated being 75% in cash/bonds and a max of 25% in market-correlated equities. Just a review:
August 27: S&P at 1987. Allocation recommended at 75% bond / 25% equity.