Brief Overnight Update: Nikkei barely closes in the green, up a whole 9.63 points at 13,615. S&P Futures (ES) are unchanged, up 0.05 handles at 1693.75. Like we have said, the market has pretty much stalled out around the 1700 level. We are still expecting a drop or correction, just a matter of time until we actually see it. Who knows what the catalyst will be, as the markets continue to ignore bad news. If the taper actually happens, expect a major drop, let alone if a Hawkish Fed Chair gets appointed.
NIKKEI
ES
ES 10-DAY
USDJPY 96.6010
EURUSD 1.3388
Chart: Nikkei.com
