1_17_12

1_12_12

Wedged between long bottom support trendline and 1300 resistance

1_9_12

Hourly Chart, price basing for a quick move to 1300. If it can break 1300 with some cushion, come back down for a retest, a move back up expect my bias to be long. But am expecting a bull trap.

Looks like a break either way is imminent. 1300 or 1230/1250

1_5_12

    Channel holds as expected. Best guess, SPX to 1295-1310 before reversal.

Year end update

 Strong bounce, up to 23.6 fibonacci. Closed above previous 4 days highs -> bullish
 Best expectation is 1255 on friday or tues after some consolidation wed,thurs. Market closed monday.

Wasn't expecting such a big move so took gains. Looking to add TNA on any weakness

Year end rally?

Trendline support, 61.8 fib support, maybe not much European news in next 2 weeks

If SPX holds 1198ish, my Kass/Demark call is a year end rally to a 1255.

11/30