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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (48731)	11/14/2012 4:34:33 AM
From: Johnny Canuck	1 Recommendation Read Replies (1) \| Respond to of 69956

SP500 consolidating in advance of options expiration on Friday. I don't expect much of a move in either direction till options expiration is over. Same comment on the DOW. Neutral pattern on the DOW transportation index. Interesting COMPQ is bucking the trend though just barely as it is continuing down in its negative trend. Financial sectors consolidating waiting for to figure out the next direction on the index. Essentially flat on the energy sector also. Gold still rolling over for another thrust down. Not sure what is driving natural gas today, but it looks set to test the recent high.