Market Review (12/19/2012) and preview for tomorrow

Markets faded late today as news came out from Washington about a new budget plan. Investors grew concerned that no deal has been met yet as the two parties cannot agree on a plan. GDP and jobless claims tomorrow.

DJIA - -0.74%
SP500 - -0.76%
NASDAQ - -0.33%

The markets are still holding itself above November highs and has all the moving averages below it supporting it.

WATCHLIST FOR TOMORROW

GFA - break

HIMX - break above this light pullback

NVDA - good upside as it can get over this flag

OCZ - break above this pullback and fill gap, has alot of room

SPLS - possible gap fill has alot of room now to move if it does hold this trendline break

Good luck tomorrow!