Consolidation

I think this market will consolidate between 1155 and 1175 for a few days and I foresee breaking out of that consolidation to the upside. There is strong support around 1150, and with the euro already pummelled beyond recognition, I don't see that going down more to pull this market down. A stabilization of the euro and the European market is the likely catalyst for this market to go higher. I expect a gap up tomorrow.