Sunday, December 13, 2009

S&P this week

For the past several months, on the new moon, is the day the stock market would make new highs, each month. The December new moon is this Wednesday the 16th. This coming week is also quad expiration. I still think we'll trade between the Monthly r1 at 1125, and the monthly pivot point at 1072 this week. Things will get very interesting next week!