This post was just published on ZYX Buy Change Alert.
England has been engaged in massive QE. Our sources indicate that Bank of England may halt QE as the data is showing that it is no longer effective.
Will the Federal Reserve start mulling the same thing down the road?
This major development should be a wakeup call for the momo crowd who just assumes that QE will continue forever.
Gold futures are at $1714, silver futures are at $31.76, and oil futures are $85.
S&P 500 resistance levels are 1400, 1410, and 1415; support levels are 1380, 1368, and 1358.
DJIA futures are up 27 points.
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