For Wednesday (the Day after Christmas):
The light volume of the holidays will cause this little uptrend to continue into the new year - but when the heavier volume comes back, down we'll go.
Why the "legend" title ? - because I saw I Am Legend this weekend and it freaked me out. Set - I give it 4 out of 5 stars.
Upcoming Reports -
Wednesday:
MBA Purchase Applications 7:00 ET
Thursday:
Durable Goods Orders 8:30 ET
Jobless Claims 8:30 ET
Consumer Confidence 10:00 ET
Friday:
NAPM-Chicago 9:45 ET
New Home Sales 10:00 ET
EIA Natural Gas Report 10:30 ET
Volume Weighted Support and Resistance for Wednesday Dec 26th:
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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.
