The main market is holding moderate gains, and unlike yesterday..so far..the gains look rather secure. A close in the sp'1652/56 zone looks very viable, so long as the algo-bots like what the Fed beige book says at 2pm. Precious metals remain very weak, with Gold -$20
sp'60min
Summary
Suffice to say, things look on track.
A continued bounce..into early Thursday - where we have a mid size QE of $3bn.
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I will be seeking to launch a heavy market short...perhaps, in VIX 15.25/00 level.