Friday, December 28, 2012

Market Week in Review

S&P 500 1,402.43 -2.86%*


The Weekly Wrap by

*5-Day Change

1 comment:

theyenguy said...

Bespoke Investment Group relates US Investors Get A Lump Of Coal. The US, SPY, is one of just three country ETFs trading below their 50-day moving averages.

I relate that Liberalism’s final bout of easing gave strong moneyness not only to Europe, VGK, and Asia, EPP, but also to Emerging Market Leaders such as Mexico, EWW, the Phillippines, EPHE, Turkey, TUR, and Thailand, THD.

And I say that the weekly chart of the S&P 500, SPY, shows that it entered into an Elliott Wave 3 Down, closing at 140.03, after having made an Elliott Wave 5 Double Top High in September 2012