Market Overview.

Market is bullish in short term. Refused to come down. "Ding-Dong" for one week.
S&P had hit its resistance again. Pull-back is possible.
I would prefer it to pull-back, to form a Higher Low then rally up for 2011.
If want to Long, wait for pull-back or resistance is break.

Will it form a HIGHER LOW?

S&P finally broke the trendline. Resume it falls.
Will it form a HIGHER LOW?

Santa Claus is coming to town!





Mr Market still refused to come down. Insisted to wait for Santa Claus to come to town.

The knives are not sharpen enough.




















The knives are not sharpen enough. Mr Market refused to come down.
We may have a early Xmas present from Mr Market.

Watch Out!!

Upper tail seen. There is selling pressure when it approaches the resistance. Watch Out!!

Time To Take Your Profits!!

Time to take your profits. Put them in your pockets first and enjoy your weekends.
S&P have hit its resistence. S&P will be going down next week. Disclaimer Apply.

HUAT BIG TIME!!

S&P rallied 4.3%, +51.77 points. HUAT BIG TIME!! Be careful.
1) S&P coming to the next resistance.
2) Watch out for profit taking as S&P have go up 7.4% in 3 days.
I believe the market will pull back slightly first then CHRISTMAS RALLY.
Let Mr Market tell us the answer.