FINANCIAL MARKETS OVERVIEW

 

FOR FRIDAY (12/21)   We tend to not want to trade around pre and post holidays are movements are exaggerated and thin and Europe is closed extra days with Boxer Day.  Santa continues to stick coal in fund manages stockings and we are waiting for the Plunge Protection calvary to ride to the rescue but they appear drunk and partying early for the holidays.  We continue to be at price and time windows where consolidation should start but downside patterns are not complete until 2264 on the S& P futures.