The markets have completely turned around and the trend is bullish now. There is some fear that it has risen too much too soon. But in my opinion, the trendlines are clear and for the most part the rise has been orderly if one discounts the after hours midnight trading on election night.
I have reversed all my positions and anticipate the rise to continue for a while.
SPY: has turned bullish; I am long SPXL
IWM: same as the SPY – has turned bullish; I am long TNA
EEM: completely broken and with dollar headwinds I would stay away for now
QQQ: bearish; perhaps because of perceived positions of President-Elect Trump
XLF: hugely bullish; I am long FAS