S&P 500 (Dec 12) INTRADAY Review Thanks to more political posturing in Washington our S&P strategy worked well yesterday. Boehner’s comments hit the wires just after the European close when he announced his frustration and disappointment about a lack of progress on the fiscal cliff negotiations and specifically reprimanding the Democrats for not giving any spending cut concessions. This briefly sent eh S&P lower and the sell off bottomed out just under our long entry level at
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The currency pair continued its up trend yesterday
