SP 500 Daily, we have broken the Trend Line, we could see a little consolidation in this range until the next round of news to send us in a direction.
Oil is going to hit our market harder this month if we break $140 a barrel. Today we hit 1323.875 in Electronic trading. Watchout middle america your real income is dropping.
It seems the Fed is finally seeing the light of day and moved out of their cave. Announcing that there is some inflation and that out side of oil and food there have been price increases. Makes it sound like the bankers only eat expensive things that have really been affected by shipping and gas prices.
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