Roundup of some good markets analysis by talented technicians this weekend within Chanukah

The weekend is always a great time to review what's happening with the markets, affording more time to share and learn what other talented technicians are showing. And this weekend is also within the Chanukah holidays observed by many, from sunset December 11 to sunset December 18 this year. (For more information on Chanukah, one source is http://en.wikipedia.org/wiki/Hanukkah). So here's a list of many of our standard favorites, perhaps with a few additional, and which I'll try to update as the day goes on:

Mike Burk's great technical charts review, at Safe Haven | Technical Market Report, http://www.safehaven.com/article-15252.htm

Here's one quote, but do read the whole thing:

The Santa Clause rally is not scheduled to begin for another week and a half, in the mean time there is not much pushing the market either way.

Terry Laundry's T Theory Observations at http://www.ttheory.com/. He's been watching the A/D line and should have something to say about it sometime today when he posts his weekend update.

The technical and sentiment analysis by Todd Salamone and Rocky White, at Schaeffer's Monday Morning Outlook: Dow Jones Industrial Average Still Staring Up at 10,500

When is a better-than-expected U.S. jobs report a negative for Wall Street? When it brings with it the threat of an earlier-than-expected interest rate hike. Such was the dilemma that plagued traders last week, even as a cadre of officials ranging from Fed Chair Ben Bernanke to Treasury Secretary Timothy Geithner attempted to assure them that the U.S. economy is in no shape to support a hike for the time being. Oddly enough, downplaying the economic recovery bolstered traders, with the Dow Jones Industrial Average (DJIA) climbing 0.8% by Friday. Still, the Dow has been stuck under the 10,500 level for a month. Looking ahead, Todd Salamone, Senior Vice President of Research, takes a look at the recent trading ranges on the S&P 500 Index (SPX) and the Russell 2000 Index (RUT). He thinks both indexes might be pinned to current levels in the upcoming expiration week. Next, Senior Quantitative Analyst Rocky White takes a closer look at the current Investors Intelligence survey readings and what they tell us about the market's trajectory. Finally, we wrap up with a look at some key economic and earnings reports slated for release this week.

This one is co-authored by a fellow called New (yes!), and has an interesting perspective: Safe Haven | Bases Setting Up Below Key 1121 Sp 500 Pivot...., at http://www.safehaven.com/article-15250.htm

The more I watch this market through its every day whipsaw, the more I am convinced that the next decent move is going to be a higher one. Please study the charts tonight that are being provided for you and notice how so many of the index charts are forming bases, longer term ones as well, right beneath major breakout levels.