3-Dec

Market rallies on more bad news!

As the saying goes it's not the news but the reaction to the news. All the news continues to be negative and more negative reports came out today about employment, etc.On Friday a chart was shown to watch support between 810 - 840. THis support has held and now has regained the 870 levels. Today had good upside and strong upside volume. These supports will need to hold and follow thru is key.

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