091412

QE to Infinity is not really good news but it means more money chasing the same amount of stocks. Laws of supply and demand.

Current price for December contract is 1458 marked in black line. Hovering around a previous high.

If upside continues then Areas of Interest: 1478.25 HVN, TPOC, 1485, 1492 Gap Prior VPOC.

To downside is 1447.75 the place where the final up leg took place last night. Pretty thin back to 1440, 1433 previous resistance and 1428/30 previous VPOC.

Euro came to a cap area and went through it. Interesting to see at 1.3150/60

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