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Saturday, December 3, 2011

S&P End of Month November 2011

SP-500 End of Month Chart - End November 2011

Last Month's analysis noted that the S&P 500 plunging to our mark on the channel line..on the last trading day was bad news for the Bears....and so it turned out to be...this month we notice that the Price line is hugging the channel bottom and seems inclined to have another go at breaking it....1285 is the mark to beat, End of Month December 2011, for this to happen...