Analysis:
Yesterday's Analysis predicted that "both the Chicago PMI and the Consumer Confidence will boost the market." Today, they did not boost the market, but they at least stemmed the market's early loss. Looking ahead to tomorrow, the ISM Manufacturing Index will exceed the highest forecast at 57.2 to reach near 60, and the Motor Vehicle Sales for Nov. will rebound to pre-crisis level. As a result, the market will recover the losses since Thanksgiving towards 1,200.
Strategy:
Hold long at 1,197
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