08/31/2009 After Bell Quick Summary

Posted by Yong Pan | Aug 31, 2009 | Free Contents | 0 |

I see a little little bit better chances a green close tomorrow for 2 reasons:

Hollow red bar had a slightly better chance to lead a green close next day.

The recent pattern seemed to act unanimously: Down 2 days then shot up to a new high.

Trader's Calendar

Major U.S. Economic Reports are HERE
12/02: Dec 1st day, Nasdaq down 7 of 11
12/16: OE Monday, S&P up 14 of 23
Dec OE Week, S&P up 28 of 39
12/18: FOMC
12/20: OE Day, S&P up 26 of 41
Week after Dec OE, Dow up 25 of 32
12/24: Shortened trading day
12/24: Before Xmas, Nasdaq up 12 of 16
12/25: Christmas day, market closed
12/31: Year last day, Nasdaq down 17 of 23
01/01: New year's day, market closed
01/02: Year 1st day, Nasdaq up 18 of 26
01/03: Year 2nd day, Dow up 21 of 320

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