Radar/Market Update

February 15, 2012

The SP500 futures are trading up 10pts, .72% and are above short-term resistance at 1352.  The top of the current trading channel is now 1370-1372 (see 2nd chart).

Via Kirkreport.com: Yesterday marked the 30th day so far this year without a 1% down day – the 14th-longest streak since 1928.  The last picture shows how the S&P has performed historically after it has started the year off the same way previously (http://sentimentrader.com/):

March Emini Full Session 135min

Picture 2 of 4

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