http://www.marketwatch.com/story/new-fed-voters-point-out-stimulus-benefits-2012-01-10?siteid=rss&rss=1
market getting ahead of next FOMC on 26/27 Jan. 1290 target surpassed. next is 1320. and eventually to test the elusive 1400. It is not a smooth ride though. every 20-30 points pullback is time to reload. expect the next bump around 1320-1330 probably around Thursday/Friday.
Euro should go a bit higher towards 1.2900, Gold to test 1650 to 1660, otherwise forming a right bottom shoulder. for target at 1760.
Enjoy the ride.
Wednesday, January 11, 2012
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