Very simple market, if bernanke doesn't
provide a specific date of ending QE3/QE4 at toady FOMC meeting as I expected, spx will break now high. With no major pre warning before Oct earning release, spx will head to GS 1750 target and more till Oct FOMC meeting.
Same logic apply at Oct FOMC meeting at ending QE3/QE4. If bernake decide to end QE3/QE4 before he leaves office at Oct FOMC meeting, the market will start sell off before Oct FOMC meeting till new Fed chaiman issues QE5. But as I said, only GS know what bernanke will do.
GS roll the dice, you can only call head or tail.