Lowering Expectations

The market has changed expectations overnight from the Fed coming in to rescue the market with more QE to the Fed staying with the same policy but with some supporting words of continued easing in the future.  I have not seen a big down day on a FOMC meeting start with a big gap down.  But the price action speaks of more weakness after the meeting.  It is a bit confusing in the short term.  In the intermediate term, this looks like topping to me.