Jesse's Café Américain: SP 500 and NDX March Futures Daily Charts

"'I beg you, father, send Lazarus to my family, for I have five brothers. Let him warn them, so that they will not also come to this place of torment.’ Abraham replied, ‘They have Moses and the Prophets; let them listen to them.’ No, father Abraham,’ the rich man said, ‘but if someone from the dead appears to them, they will repent.’ And Abraham said, ‘If they do not listen to Moses and the Prophets, they will not change and repent, even if someone were to rise from the dead.’” Luke 16:27-31

16 December 2010

SP 500 and NDX March Futures Daily Charts

Tomorrow is December options expiration for equities and the funds are also painting the tape to make their bonuses round up nicely into the year end.

Let's see how the markets go as they hit all our targets in the currently active chart formations. Wait for it, because Benny is in there pumping and it may take a stumble to turn this trend around, which for now is up.