Mkt Update on a beautiful Wednesday morning

well the FED has ensure the markets of "low rates for extended period". US stock indices rallied well, S&P doing a new high of 1159.46 and the dow slightly weaker with a 43 pts gain to 10685.98........

will show a S&P chart later, but first this is all infaltionary trades, Mkts will be heading higher, it now all depends if the Dow will punch through the 10730, if it does, i think there might be a chance Dow goes 11k and S&P goes 1200............

China pple are getting angry over Inflation, the economy is fantastically Booming, no doubt abt that. But as i expressed sometime ago on FB, China is a time bomb.........
Will US be facing Inflation?? my guess is yes, too much printing of money, fiscal policies soooooo huge and such relax monetary policies. But inflation is still better than DEFLATION, or Liquidity trap......this is Quicksand......


so today let us view something interesting today, VIX
this model will allow u to identify Mkt bottoms quiet effectively, but pls do ur own back referencing........

pls note when VIX hits out on the upper BBand, there is a 85% chance mkt has bottom or soon to bottom this is the trend which i notice quiet sometime........have fun with it...


S&P 500