Sunday 18 December 2011
Market Overview - 18/12/2011
S&P still downtrend.
On Thursday and Friday, market tried to rebound ( upper tail seen) but failed.
Shortist be careful.
1) Technical rebound seen on thurs and fri.
2) Christmas coming. Santa Claus is coming to town.
I believe the market will pull back to the support trendline then rebound for christmas rally.
FOLLOW THE TREND - GREEN OR RED
Disclaimer Applied.
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