Adopting long positions in S&P and risk on overall....(click on chart for larger version)

As mentioned early I turned my overall position around to NET LONG
from NET SHORT based on the below chart work.....
Positions initiated:
long S&P @ 1071.80
Short EURSEK @ 9.4953
Long EURJPY @ 109.58

This is NOT new bull run, rather is the final test on the upside and
we should not exceed early August high - and then we will prepare
ourselves for new lows coming in September/November period.
The market will keep hoping for QE2 - or more stimulus......for now we
will buy some more hope....