bill, I totally agree. Tomorrow may be telling. Some weeks ago (soon after the sp fall from .94), I posted what I thought would be the next consolidation range (.43-.59.. will have to go back and look at my post to verify).

However, from the recent sp behavior, I think the sp presents itself with enough momentum and a great chance of blowing right through the 60's.

Historically, news hasn't helped the sp all that much, but in the present state of anticipation, I believe as you well noted, news could be greatly beneficial right now.

Technically though, the sp needs to rest a bit (but not too much...lol)

PxP