R.C. Market Report 12.22

• Tomorrow: Still Waiting for Direction

• Today: We broke through the support and remained negative for the entire day. However, final half hour rally brought it back to the level of support.

• Tomorrow: I was hoping that we start moving down because for the next couple of weeks, we'll be trading on light volume. I don't know if the rally at the end means we hold support and move higher, or we wipe it out tomorrow and continue lower. Either way, as of today's close, I'm not convinced that we are going down yet.