Monday, December 3, 2012

DailyMarkets.com - Sell Resistance In This E-Mini

DailyMarkets.com - Sell Resistance In This E-Mini


Sell Resistance In This E-Mini

Posted: 03 Dec 2012 03:39 PM PST

The E-Mini S&P 400 was rejected at stern resistance for the second consecutive session today, which forecasts additional selling pressure ahead. Here's why..

Strong Resistance
The daily chart of the E-Mini S&P 400 shows price was firmly rejected at the 1,005 resistance level today, leaving a very bearish wick above resistance before closing near two-day lows.
As a matter of fact, the daily bar candle formation that developed as a result of today's trading was the engulfing (or … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: “Cliff” Notes – Stocks Slightly Lower On Weak Data After Hour

Posted: 03 Dec 2012 03:17 PM PST

Cusick’s Corner 12-03-2012 After Hours
As I stated in the Midday, I am using the Euro as one “tell” to help potentially flag any weakness in the equities. When the market was sliding early in the After Hours there was little challenge to the Euro. The currency was able to challenge and now garnering support at the $1.30 level. We are currently at a crossroads, the market appears to potentially be at overbought levels, challenging resistance, 1425 on the S&Ps, and could be setting up to be … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

New Geographic Diversification Opportunities Emerging

Posted: 03 Dec 2012 02:53 PM PST

Our economy and markets have been the world's top dog for so long that we sometimes take a parochial view of investment opportunities but the time may have arrived when we should beyond our borders to incorporating some foreign exposure … Continue reading … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Stocks Drop As Fiscal Cliff Worries Remain

Posted: 03 Dec 2012 09:43 AM PST

12/03/12 Stocks finished modestly lower across the board on a weaker-than-expected manufacturing report and details of a counter-offer from House Republicans to avert the “fiscal … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

TXT Me! SMS Celebrates Milestone

Posted: 03 Dec 2012 12:21 PM PST

12/03/12 The SMS celebrates 20 years of rapid change. The first short message service was sent on December 3, … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Central Bank Rate Decisions On Tap

Posted: 03 Dec 2012 12:21 PM PST

12/03/12 The RBA and BOC will announce rate decisions on Tuesday. The US economic calendar is light with a handful of earnings set for … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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