Might as well change the header because 16000 is done and dusted now and 14000 is now the new target. Also, S & P 500 has broken through major support levels and 1600 for it is now on the cards. The only caveat I would put on this is the Fed doesn't come out next week and change tack - advising no more rate cuts this year. This issue for the markets now is it needs Oil to have a capitulation day and that doesn't look like happening.
