"We must be faithful to the present moment or we will frustrate the plan of God for our lives. We should be grateful and love the vocation to which God calls us. This applies to every vocation because it is a privilege to serve God, even in the least capacity. Worry is a weakness from which few are entirely free. We must be on guard against this most insidious enemy of our peace of soul. Instead let us foster confidence in God, and thank Him for whatever he chooses to send us." Solanus Casey
20 September 2010
SP 500 and NDX December Futures Daily Charts
It certainly looked like a breakout, at least for today, but it would have been more convincing if the volumes had not remained thin. As such it looked like a short squeeze engineered by the wiseguys ahead of the FOMC meeting.