Will the S&P go to 1000 or 1200 ?

Not so fast...let's see where it closes. Talk about a "fade the gap" opportunity this morning!

 

bam, you were right! false breakout.

 

No its still there. Watch the close. If it cannot close over 1150 then you may have seen the top today.

 

lol? trying to find reasons to stay short? Don't they call that "wishful thinking"?

 

Highest daily volume in the last month for most of the major ETFs (SPY, QQQQ, etc.) while everything spiked higher then closed lower.

Sorry, bulls, but that's doesn't help your case...

 

looks like it might try for it again today (friday). no stopping the printing press and helo ben!

 

lol euro at 1.37 alrdy the bears got it wrong. AGAIN

 

Same thing happened yesterday...

I love these overexcited bulls. This rally is moving on fumes now..

 

fumes is plenty with the fed offering to print until the end of the world. dudley just spoke out this morning and said it again "further action is likely warranted". qe2 all the way, market could care less about your (or anyone else's) technicals.

 

and here we go!