Short Term Update: MtGox 4h chart

BTC/USD failed to breakout above 12$ and if it is going to stay above 10.50$ then a new attempt  to attack the 12$ resistance is possible.
The inverse fisher Rsi oscillator is still overbought and so the short term rally is still intact.

About the NY conference, i think there will be a time lag of  2-3 weeks before some effect on prices show up. It was a good event and the presenters did a great job, we need many conferences like this in the upcoming months if we want to see a bullish autumn.