Tuesday, January 17, 2012

US Markets Keep Moving

US Markets are poised to move higher at the open after good news from a Spanish debt auction and relatively good news out of China reporting that GDP grew 8.9% in the fourth quarter.
Since my bullish note on November 30th the S&P had signaled a triple top breakout January 3rd and with today's action looking to cement itself above 1292. Things are looking pretty good. Keep snacking on long positions.

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