Short Term Trading Week Starting: 10 Dec, page-80

Further to my earlier post, it is following the pattern of the last 5 days in the US, that early session strength is being sold off strongly in the mid or late part of the afternoon. The close was essentially flat but there was a significant skew of Advancing/Declining stocks on the SP 500 towards new lows on every time frame from 5 days to 52 weeks. Not a good look for the bulls. Next week the Fed will make its determination which will lock in or lock out any chance of a Santa Rally.