Tuesday, December 6, 2011

200 Day vs Santa

S&P ran up to the 200 day and then downgrade warnings on basically everybody in Europe and failed 200 day breakout attempt #1.  Really it's just wait for the weekend and see for save Euro conference #140, there's as many of these as UFC fights.  Chart wise we're looking like a failed upside breakout attempt this morning, but it is December and everybody loves a Santa Claus rally.

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