Wednesday, December 21, 2011
S&P 500 What is the Trickiest Thing it could do?
What would be the most diabolical thing the market could do....a 30 point drop tomorrow, trend day down. Bears, happy to get some porridge before Jesus birthday will close their positions, Bulls, disgusted waiting for Santa, will close their positions
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Like you say Steveo, a major down day would play havoc. My charts show serious support at 1170 to 1180. Maybe a bounce up from there??
ReplyDeleteLooks like Santa is going to play nice.
ReplyDelete