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Originally Posted by coolhand

So, the first trading day of the year starts us out on a negative note. That's not a good sign at face value and could be a problem if there is follow through.




The S&P gave up most of it's past week gains, but it did close well of the lows of the day. But that candlestick isn't pretty. The DWCPF continued to give up gains, now closing negative for 5 out of the past 6 trading days. Momentum is falling

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The year ended with a late push higher into the close to new highs for large caps, while the small caps limped across the finish line with some moderate losses. The Dow ended the day with a gain of 197-points, the S&P added a similar 0.64%, while the small caps lost 0.34%. The I-fund fared even worse because of the dollar rallying sharply.

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