That would be awesome, but probably not. If the markets follow the same script as today we may flirt with 45-46......47 if the Fed doesn't interfer, but they can't let the markets close on a downswing, so important to investor confidence psychologically.
Tagging the top Bollinger Band would put FAZ between $44.25 and $44.50 tomorrow. If we get a breakout FAZ could pierce $50 before the weekend.
All depends on which way GS goes in the AM. Still a lot of stunts getting pulled off - the S&P warning today was a real jewel. Don't put it past them to rally the biggest CROOK on the Street tomorrow and PUMP all the banksters for two or three days.
The FED may be stepping aside manipulating the USD$$$ down for the time being. I suspect Oblahma and his merry gay band of DemonRats want fuel prices to calm down for a few weeks heading into Memorial Day - when the prices naturally rise anyway on demand.