No Taper!

Everybody expected the Fed to announce there would be some tapering in the near future. But surprise, surprise, no taper... Indices jumped on that news, from down a little bit to 1%-gains in no time! The reaction in metals and oil was also positive (for bulls anyway), but much more extreme (see below - euro, oil, metals).
Here a look at the futures about 50 minutes before the close of the session:

Hereunder the 5-minute chart for SPY. Until 2PM, the range is about 60 cents. Then, when Fed-minutes are released: an explosion! Almost 150 points higher in less than 5 minutes. Another 100 cents higher comes the top (/high of the day). Impressive stuff from the bulls.

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro lately is moving along with major indices with a high correlation. Up 1% an at 1.35 now (new highs)! Oil made even bigger gains, up 2.5% and now trading near 107.5. Finally a bounce after 3 losing days!
Metals were the big winners. Copper was up almost 3%, gold gained more than 4% and silver went berserk: almost 7% higher!