Tuesday, November 6, 2012
Tuesday November 6, 2012
Election Day and the market was up strong with the S & P finishing at 1428, up 11. It finished however below the technical resistance level of 1130 after trading above it for some of the day. Futures as of 10:32pm EST point to a decline tomorrow. Market needs to close above 1430 to break bearish pattern otherwise we will probably test 1400 shortly.