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
11/01: Nov 1st day, Dow up 10 of 14
11/03: Daylight saving time ends
Week before Nov OE, S&P up 9 of 14
11/07: FOMC
11/11: OE Monday, Dow up 12 of 19
Week before Thanksgiving, Dow down 6
11/15: OE Day, Dow up 15 of 21
11/28: Thanksgiving, market closed
11/29: Shortened trading day
11/29: Nov last day, S&P down 16 of 25
12/02: Dec 1st day, Nasdaq down 7 of 11

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