Dow' monthly'2, rainbow
Summary
*I wish I could stick the remaining doomer bears in a room...and have them stare at the above Dow monthly chart for the rest of this week.
Denial is a real monster to break though, and no doubt, some will be short the indexes and long VIX across the December festive period. I guess you argue that worked last year..well, up until New Years eve.
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Looking ahead
There is some housing data tomorrow, along with consumer confidence at 10am. Mr Market could easily use either of those as an excuse to sell lower, into the 1795/90 zone..before a probable small latter day bounce.
*next sig' QE is not until at least Friday (QE schedule is issued Wed').
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It was a quiet day, and I shall leave it at that.
Goodnight from London