Thursday, December 12, 2013

Small Caps 'failed' against the late- November High.........

S&P600: Small Caps Daily Chart @ Close 12/11/12
Wednesday's close @ just above the 50day SMA after a failure to take out November's High print @ 659.36 portends 'poorly' for the broader market.
Santa's helpers better arrive soon & get the 'festival' rally underway soon or else the Grinch could steal the holiday spirit & 2014 may well be an unlucky '14' one???