Well i was half right...
Market did break on the news, but like the Energizer Bunny it kept going, and going...
Long term I have been bearish and depending what Open Interest shows (and I betcha it's up) it look like a bearich holiday season.
So trade from the short side -
Wednesday Reports:
MBA Purchase Applications 7:00 ET
Import and Export Prices 8:30 ET
Volume Driven Support and Resistance for Wednesday Dec 12th
What is Inside Edge?
A comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TradeMaven’s Inside Edge features the necessary analytics and execution information in one place to speed up your decision process, keep you on the right side of the market, and eliminate so much of the noise that surrounds trading today. This unique forum is the brainchild of Charles Cochran – a trading pro who has spent the last 15 years fine-tuning a proven methodology that eliminates extraneous information and concentrates on the market activity that matters: the market activity that foretells the market's next move.
