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Friday, January 6, 2012

Cara Community

Cara Community


Tables & Charts for Thursday, Jan 5th, 2012

Posted: 05 Jan 2012 09:03 PM PST

Bill Cara's Blog for Jan 5, 2012

Posted: 05 Jan 2012 04:01 AM PST

CTA Trading Desk Morning Report

[9:15am ET] Good morning, Geoff here.

Yesterday, the S&P 500 sold off in the morning only to find support just above the 200 dma. That marks 2 consecutive closes above that key level which will provide confidence to the bulls. However, the October high still has not been broken and a break above that level will truly confirm the breakout for the S&P 500.

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