Dow' daily
sp'daily5
Summary
Well, this is one way to start a week!
The triple floor of sp'1772 is now a strong floor, and with MACD daily cycle turns, bears have very major problems this week.
Hell, clown finance TV is talking about a market that has 'priced QE-taper' in, lol
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Notable Dow mover: XOM, +3%.. that is a major move for such a world corporate giant.
FB +$1..in the 54s...challenging the Oct' high. A break into the 55s, should confirm $60s will be hit.
10.32am..touch of chop..but the hourly and daily cycles now offering a clear upward turn.
Just a case of how high we close..and whether the 1800s are viable at the time of the FOMC.
With sig' QE today..bears face..too tough a task.