oilskids

With yesterday's failure to follow through the midpoint an S/T Sell signal is generated below 2052 and so entry at 2045. (allowing 5/6 points for a bounce).

With a close below the mid-point the L/T long signal covers and will go short tomorrow at the close unless we rally back above the mid-point.

First line of support is S1.

Although the 8/21 short alert confirmation is not yet in place, it seems likely to happen today or tomorrow but keep an eye on this for confirmation of a short signal.

Chart of S&P500 for 11 December 2014

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