No reason for cheering yet, but the futures are up huge tonight. 50 points away on the S&P from making a convincing break north.
If the financials and commodities are having a big a day tomorrow, you should think real real careful about being short this market through January.
Watch UYG, XLF, UYM, and DIG.
If these ETF's are up big tomorrow, we are 1 step closer to a 2 month long rally. It will be powerful and it will go higher than you think.
Line in the sand is 1003 S&P.
Good luck trading.
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