This is Capital Essence’s CEM News – Market Outlook (the technical analysis of financial markets) for December 31, 2012.
…our “U.S. Market ETF Trading Map” rates the S&P as a Buy. Key technical development in Friday trading session was a break of support at the trend channel moving average of 1412. That level is significant in charting terms. It provided support in the October and December rallies. It also acted as strong…
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