Pretty good start for the bulls. The S&P 500 opened higher and held off a bear attempt to pull it under 1460 late in the day to finish at 1461. There may be a continued consolidation at these levels as the value region continues to move up from its present level of 1448 and will help push the market up as it gets closer. The short term momentum has lightened up with the smaller move. Long term is still moving positive.
We are moving to stockmarketandi.com. I will continue to post on both until the end of January when I transition over to the other site completely.
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