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If we see a fiscal cliff disaster come Monday, it is important to be prepared and know your levels. As we can see on this chart, the top end of the broadening formation has been tested, an the apex served as resistance on Friday. Hopefully Washington doesn't completely throw us under the bus, but if they do, make sure you are prepared.
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Is the bottom in for GRPN? The rounded bottom seems enticing for a short term buy...take a look at what ET has to say.
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For the the sake of pattern recognition and repeating the Dow Theory, this retracement may bring us down to 136. What are everyone's thoughts???
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