Market Outlook

This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for December 20, 2012.

…our “U.S. Market ETF Trading Map” rates the S&P as a Buy. Key technical development in Wednesday trading session was a break down below support at the lower edge of the pink band of 1439. In fact, recent trading action is very similar to that of late November and early December rallies, in which the index failed miserably following…

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