Stepping up a notch, the SPY has moved to higher grounds. The Santa Clause affect seems to have delivered well this year. What will be in store for the first month of 2011? Will we experience a rather large sell off, or a 'soft landing' on the $118 technical support level.
So far the market's momentum has been strong enough to argue a sideways to bullish market moving into the New Year. We'll keep our eyes open for breaking suppor levels, but we'll also want to discover the "Zones" of the market - then learn how to "Get in the Zone."
Stay Tuned
0 comments:
Post a Comment