SPDR S&P 500 (SPY)

[Fox13]

News: “…the British economy shrank 0.4 percent in the three months to September overshadowed a relatively more positive set of euro zone economic data, knocking sterling off a six-week peak against the dollar.
Sterling tumbled almost three cents against the dollar and the euro jumped more than one percent versus the pound…
The UK data shock bolstered talk the Bank of England will extend its quantitative easing program next month.”


Subsequently, FTSE100 went ballistic: UP 86.77 pts!!! Obviously, Britannia rules the Elliott Waves...Nice to know that we are not alone. We share with our cousins not only the credit default swaps technology, but also market rigging abilities.