Well as the dollar is tanking the market is rising, which is a good thing so far so good. One and half days left until T-Day. Wednesday we have the Initial Unemployment numbers and that is pretty much it for the larger number that should be effecting Friday's session. Most ppl will not be back on Friday so if we do take a hit it probably will not be so bad.
SPY is coming into some resistance at the 111.74 level, more over if we can close above 110.992 and catch a bid to the upside in the next one and half days then 112 is possible relatively quick . . . It appears if we can hold this level gap fill would have the prior gaps from 11/10 - 11/20. Key is for the dollar to drop again for the next one and half days and short covering into the T-Day event, this should be good for the markets . . .
Keep the powder dry . . .
