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Monday, December 03, 2007

S&P 500 At Major Resistance

We had a great rally last week and the S&P 500 is facing huge resistance overhead at 1490 and the 200 MA. Watch this level closely.

Mon: ISM index. Treasury Sec Paulson to speak at Housing Forum
Notable earnings: GES

Tue:
Notable earnings: AZO, CHS, PSS

Wed: OPEC Press Conference, Non-farm Productivity, ISM Service, Factory Orders

Thurs:UK and Europe Interest Rate Announcement, ECB President Trichet speaks
Notable earnings: TOL

Fri:
Unemployment, Non-farm payroll, Michigan Sentiment

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