(Pardon the late post. Some days just require more work.)
Look for the next leg up to 1450 to start tomorrow.
JUST FOR FUN:
Durable Goods Orders will be released before the open. The consensus is 1.9%. I expect it to come out better than expected. I believe it will be likely 2.2% (or even much higher). The year/year number will also be better than last months report of 8%. I expect it to be about 10%.
Whether the market will react to it is another issue. It can choose to ignore, overreact or move opposite to it. The market has a mind of its own.
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