Matter of Money

This would be my favourite scenario: A retracement back to the breakout level of the bullish impulse, which happens to coincide with a 261.8% fib extension. Hahaha, this sounds so unlikely, not even I believe it. :)

For the monthly S&P I am very cautious. A "healthy" development would be a retracement of this monster up-move back to around 1560. But with Keynesians as heads of money printing all over the world this might not be allowed.

Good show by Jason Stapleton commenting on current economic topics. http://theliveshow.tv/ Check it out!

And I missed this one. Could have been nice weekend spare money...  

It's Friday!!! Two days without markets ahead :(