As we run down towards the end of another frantic week Alex has reminded me that there are other markets in the world other than currencies.
S&P 550 has broken through strong resistance at 1508/09 as it tries to rub out the earlier threat this week of tapering QE.
The Dow is pushing 14000 but finding it tough to break through. A break would target the years high at 14058. We’ll see if it has the legs to do it before the close.
