The Secret Passage To Financial Freedom

What does the last candle means?

Not much updates from me as I am busy as my father-in-law is hospitalized. Trade safely as Fiscal Cliff is coming. ********************* Market Sentiment: Short Term -     Bullish Medium Term - Bullish Long Term -     Bullish *********************

Where is my Santa Claus ? Break 1st resistance liao. Will it break the 2nd resistance?

SWEE................ S&P up +1.2% last night, nicely touch the resistance again. Seems like S&P is preparing for Christmas Rally. Can initiate a small LONG position when break the 1st resistance then another 1 when break the 2nd resistance. Disclaimer appiled.

I have warned about the possible resistance on 12/12/12, click here . S&P closed with a small loss last week, -0.3%. I'm still not in LONG position yet. No confirmation signal to LONG shown on my charts yet. Only a SHORT TERM BULLISH shown .

Crazy market!! Buying $45 billion a month of Treasury securities. Preparing for Christmas Rally? http://www.bloomberg.com/video/bernanke-says-thresholds-make-fed-more-transparent-bi66doa5Qo6c7Nd6LFWYog.html

Watch. Possible resistance.

S&P ended flat last week with +0.1%. Still no LONG signal seen yet. Will there be a Christmas rally this year?

I still holding my view. Stay out of equity at the moment until there is a confirm trend that it is going upwards.