No commentary - Charts Updated - Back Tuesday

I am taking a day off of the commentary today, but the charts have been updated and posted below. Art's Charts will return in full on Tuesday.

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Key Economic Reports:                                            

Mon - Dec 19 - 10:00 - NAHB Housing Market Index    
Tue - Dec 20 - 08:30 - Housing Starts/Building Permits    
Wed - Dec 21 - 07:00 - MBA Mortgage Index
Wed - Dec 21 - 10:00 - Existing Home Sales    
Wed - Dec 21 - 10:30 - Crude Inventories    
Thu - Dec 22 - 08:30 - Initial Claims        
Thu - Dec 22 - 08:30 - GDP        
Thu - Dec 22 - 09:55 - Michigan Sentiment    
Thu - Dec 22 - 10:00 - Leading Indicators    
Fri - Dec 23 - 08:30 - Durable Orders
Fri - Dec 23 - 08:30 - Personal Income/Personal Spending        
Fri - Dec 23 - 10:00 - New Home Sales                

Charts of Interest:    Tuesday and Thursday in separate post.  

This commentary and charts-of-interest are designed to stimulate thinking. This analysis is not a recommendation to buy, sell, hold or sell short any security (stock ETF or otherwise). We all need to think for ourselves when it comes to trading our own accounts. First, it is the only way to really learn. Second, we are the only ones responsible for our decisions. Think of these charts as food for further analysis. Before making a trade, it is important to have a plan. Plan the trade and trade the plan. Among other things, this includes setting a trigger level, a target area and a stop-loss level. It is also important to plan for three possible price movements: advance, decline or sideways. Have a plan for all three scenarios BEFORE making the trade. Consider possible holding times. And finally, look at overall market conditions and sector/industry performance.

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