I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Tuesday, December 18, 2012

Dec 18

No bearish setup has worked at all the last two weeks. The 60-min system has turned around again and is back on a buy, and today the Daily system did the same thing. This Santa Rally is now looking and feeling like a much stronger rally. I have no opinion on the short term anymore, other than it being generally bullish.
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