Remember the market has pushed into resistance so we need to wait for a break of the 200dma area before really loading up on longs. Right now the reward/risk favors the bears and shorting. Also don’t forget today will be a slow low volume day due to the holidays. This will probably make the market choppy and difficult to trade.

Good luck everyone!

http://www.youtube.com/watch?v=a8-1bHw0laY

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