S&P touched 2054 during trading day and unable to break it settled - TopicsExpress

S&P touched 2054 during trading day and unable to break it settled at 2052.75 at close. However Iron ore prices stabilised and China and Japan ended positive, which lifted S&P futures to 2057.37 (highest futures ever in history). S&P as I posted earlier is in 2045-2065 channel. Year end expectations are 2100 plus. However, that will happen with Santa Claus rally, for now there will be a correction starting today and lasting several days.

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