Showing posts with label Market Outlook 12-20-10. Show all posts
Showing posts with label Market Outlook 12-20-10. Show all posts

Tuesday, December 21, 2010

Financial Markets Outlook - 12-20-10

I commence with my gratitude to The Ultimate All-Knower

Financial Markets have been struggling to find the next direction. However, based upon the previous history, the following chart pattern tells that we may, very well, are setting up for a decline of the prices. The following charts of NASDAQ 100, NYSE Composite, S&P 500 and DJI, depict that the current uncertainty could result in a direction to the downside. So as a trader, we ought to be on alert. Especially, when we have a time cycle of December 21 on our hand, also.