20100222

The WIG Index gain +0.55%:

(my usual data provider has technical difficulties, thus the chart might be not accurate)

The market fell from the current resistance area (ca.39000) as for today.
Regardless of primary uptrend, I'm still quite bearish; however, breaking this level (and staying above for at least few sessions) might be positive sign. Aside from that not much can be said.

The US economy is sending mixed signals (here). The market showed no reaction after discount rate increase (here).

Sources:
[http://www.marketwatch.com/story/manufacturing-strong-but-consumers-cagey-2010-02-21]
[http://seekingalpha.com/article/189741-inflation-why-markets-ignored-the-fed-rate-hike]