The S&P is bouncing further in early US trade with the liquidity-driven rally still very much on track. Shares are at new highs for the year, at 1115. There is said to be a big Fibo at 1120. I’ll check into it.
Update: It is the 50% retracement of the 1575/666 decline.
EUR/USD has gone bid as well, now at 1.5087.
