01/06/2010 After Bell Quick Summary

Posted by Yong Pan | Jan 6, 2010 | Free Contents | 0 |

I guess now almost everybody knows the “bullish Monday Bearish Thursday”. Hope it still works tomorrow.

Chart pattern wise, bearish rising wedge plus lots of negative divergences, it does look like we’ll have a pullback pretty soon.

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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