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S&P hits 2008 Resistance, EUR -1%, Gold Drops, TNX rallies to 1.89

S&P up to early resistance near prior highs after ECB action  

S&P up to early resistance near prior highs after ECB action

 

8 am-  3/10/16-  Immediate after effect of Draghi's Bazooka being felt w/ S&P rising to highs of the range- EURUSD dropping 1.2%, USDJPY continuing its ascent-  Gold dropping 1%.. and TNX rising from 1.86 back up to 1.89-  Bullish action and if holds, should drive S&P higher in the short run. for today 2007-9 important for FUTURES-  OVER on an hourly close should lead to push up to 2025-35 area before any stalling out-  Provided today does NOT reverse (and would take movement UNDER 1986 to negate the positives of this move)  this would be an encouraging move and should lead equities higher in the near-term