The S&P 500 continues its slow march higher that began late yesterday.
The index was last up 18.5 points to 1353. A climb above 1355/56 would overcome the 61.8% retracement of the drop since the second week of April and point to a retest of 1375.
The FX market is consolidating since the earlier breakdowns but a rally above 1356 may signal another round of risk appetite.
