Tape Talk concludes its third year doing what we have done week in and week out, letting the Tape Talk
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The long awaited channel resolution took place on Thursday ahead of Christmas with a move to the upside. The Bulls now look to capitalize on the technical action into year end.
The markets remained exceptionally resilient this week facing a much stronger dollar. Will Santa grace us with his presence through the end of the year?
The Grinch showed up on Thursday after S&P downgraded Greece for the second time this year. Stocks fell and the dollar ran. Will it be coal for Christmas?
The market continues to act extremely resilient despite the underlying weakness among financial stocks. The dollar strength is also not effecting the tape from a bearish standpoint and traders are enjoying a Pre-Santa mo mo run.
