Monday, December 20, 2010

S&P 500 ~ Update 20 December 2010

I don't have much time this week unfortunately... so just a very short update today:

The situation today is very similar to early December imo.

If so the SPX should continue to rally into Xmas (up to 1260+ or so). Below 1240 the uptrend is in danger, and below 1233 the rally likely topped today.