yeah, cash will move hard from yesterdays close but not sure spi has more gains left in it... there could be a nice fade on the open, as there often is.. and usa markets are unlikely to repeat tonights performance again tomorrow, not after two biggish up days in a row.. xjo will likely take that into account and discount the usa rally to some extent.. specially since oil and metals are mostly off.. I'm thinking the rally will top out around 1500 spx leading up to the next fomc.. then it will be a question of further gains only from a .5% cut, and maybe a sell the fact decline on a .25% cut..
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