"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless."
Francis I, 16 May 2013
21 January 2011
SP 500 and NDX March Futures Daily Charts
Weakening momentum and light volumes.
Any event will likely do it, even if Benny throws his best slop at it.
But if volumes remain light and the markets detached from reality, they can drift on monetization.