SPX Close at 1148.67 (trading from early 1131.69 to 1148.90) high end. Consolidation may kick off for a day or two next week. Trend up higher towards 1200. Traders will hesitate again toward end of next week. I think up trend by fund quarterly book closing (let's see whether "big" shortists can tilt the market trend). Quantitative easing the "wild" card...
BDI trend down to near 50 MA neckline after touching 200 MA. Marine laggard blue chip stocks leg up soon! Buy on dip. BDI daily graph for reference.
Copper will continue to trend up - demand up!
No major negative event,
stock market trend will continue "higher high" after each short consolidation towards November/year end.
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