New rounds of money-printing to bail out the collapsing European/US banks and to buy stocks helped pushed stock prices up for a fourth consecutive days. Notice that central banks like to push price up during globex trading because it is much cheaper to do so, hence we keep getting the huge gap-up at the open.
The trend should continue, because they can print as much money as they need, in fact they do not even need to physically print the money as it is just a simple digital entry on the balance sheet. The end game is still the same, financial/monetary/sovereign collapse, it is just a matter of time, but make no mistake, the more they print the worse the collapse will be.
NQ Friday's key inflection point is 2300, bullish above, bearish below.
