Tuesday, December 06, 2011 4:32:31 PM
We are close to a big move northam IMO. I think tomorrow will look a lot like today, maybe with just a bit more downside pressure. I think with the setup in Europe, rate cut coming Thurs am. Plus the potential for new treaties/agreement to let the ECB act as our FED acts, being the Bank of last resort, we should go up into Fri.
This spx daily chart is interesting in that the old triangle seems to still be influencing price....
This spx daily chart is interesting in that the old triangle seems to still be influencing price....
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
