The market awaiting the votes.

The current Chairman of the United States Federal Reserve. Bernanke, a Republican who was appointed by President George W. Bush in October 2005 and who had briefly served as chairman of President Bush’s Council of Economic Advisers succeeded Alan Greenspan on February 1, 2006. He was nominated for a second term by President Barack Obama in 2009 as the Chairman of the Federal Reserve but faces opposition from some Senators.
The Bernankes were one of the few Jewish families living in Dillon,South Carolina.
Bernanke's current term ends on January 31, if Bernanke is not confirmed by the time his term ends, Fed Vice Chairman Donald Kohn would take over as Chairman on at least a temporary basis.
Bernanke will likely need 60 votes in the Senate to break procedural holds.
Bernanke "played a lead role in crafting the Bush administration's economic policies, which led to the worst financial crisis since the Great Depression."
Senator Bernie Sanders, I-Ver., had already expressed earlier in the week that he would oppose Bernanke.He added, "People do not want another term for the man whose major job as Fed chairman was to protect the safety and soundness of our financial system but instead was asleep at the switch."
Senator Jim Bunning, R-Ken., has been one of Bernanke's most vocal critics during his tenure, and has called Bernanke's term as Fed Chairman "a failure.""Not only was Chairman Bernanke asleep at the switch leading up to the current financial crisis, but the policies he has implemented have done nothing to solve the problem," Bunning said. "He has been printing money at a break-neck pace in order to bail out his fat-cat buddies on Wall Street and he has turned the Federal Reserve in to an arm of the Treasury Department, while at the same time providing no real answers as to what his end-game plan is."
But President Obama "has a great deal of confidence in what Chairman Bernanke did to bring the economy back from the brink and continues to think that he is the best person for the job and will be confirmed by the United States Senate."

The Dow Monday,25/01/10 is 19 market days to expiry.

Main Pivot day,Wednesday03/02/10
9:30am:--Bullish 60 points gap-up.

10:30am:--Opening gap being filled half body and rebounded to near session high.

11:30am:--Opening gap fully filled with a double bottom.Existing home sales for December fell 16.7% .

12:30noon:--Retracement time.Pierced through MAV resistance.

1:30pm:--Pullback htting MAV support.

2:30pm:--A retracement to bull pivot held back by a graveyard dohi.

3:30pm:--A third attempt at day's high was met with a hangman.

4:00pm:--Pullback closing below the MAV support with bearish harami.Bearish pressure.

The morning star is a game of 50:50 chances on the outcome position of the Fed Chairman Bernanke.

If he's being booted out,the market crashes further.On the other scenerio,if he's being reinstated,rampant short-covering of positions will boost up the market.