SLCM Market Update 11-22-2009

Stock markets capitualted on Thursday as the SPY fell 1.3% after jobless numbers still exceed 500k. Volume continues to be thin in equities and the U.S. Dollar continues to strengthen. If Eurodollar falls and closes below 1.47 this week we may see equities give back more gains. Crude oil continues to weaken with dollar strength and if the $75.62 is significantly violated, commodities traders I believe will begin to sell oil down. Gold maintains parabolic highs but may retest its center 20 period keltner channel sooner rather than later. Next update this Wednesday in this short holiday week. To learn the Sealion Indicator and for a better quality video visit www.sealionllc.com