SP-500
- 1st Resistance Will Come In @ 1224 Range
- Bulls Are Being Fueled By Talks of QE3
- If It Break High Above 1224
- New Target = 1330
- Will Come Down To Economic Data And Europe
- Empire Manufacturing Was Very Weak Today At A NEGATIVE 7.70
- Showing More Signs of Weakness
- Home Sales Come Out 8/18
- Market Is Looking For 4.87 Million Homes Sold
- Will Be Weaker Then The Market Thinks
- Europe Meeting Tomorrow
- Any Negative News Will Send The Markets Much Lower