December 13th Recap: Snoozefest

Let’s just call today “unchanged”, although Trader Tim’s Sleeping Man Pattern™ covers the recent action quite well:

That’s about how I looked on my couch at 2 PM. (:| Clearly we’re still in the low voalitily phase I talked about yesterday. I’ll continue to watch for the Nasdaq’s triangle to break.

Trend Table

No changes

Trend Nasdaq S&P 500 Russell 2000
Primary Up Up Up
Intermediate Up Up Up
Short-term Lat Up Lat

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend