SPX: Bulls look resilient. That raises the expectation they could win targets 1353.40 and 1356.48 today.
Europe markets are advancing 0.30-0.70% as Greek leaders failed early on Thursday to agree on reforms and austerity measures, the price of a bailout to avoid a messy default (Markets ready to accept Greek's default?). EURUSD is making new high in 51 trading days. Both this if maintained today would certainly favor the US stock markets.
Trading setup for 2/9/2012
Buy and looking for the targets [1,353.40 - 1,356.48] if the supports [1342.00 - 1345.25] are respected.