Expiration Inflection

No abrupt moves have materialized mid week.  It's clear that maintaining long positions established in the weakness of Monday have been sufficient to produce profit into expiration today.

I note that yesterday's price action is a consolidation at the key level of 1340/41.  This comes at the time when the dollar is possibly finding support (the Euro broke the recent rising support line last night), as are bonds.  No clear signal yet, but the conditions are set for the resumption of a decline in equities today or Monday.