Market Review (12/27/2012) and preview for tomorrow

Brief sell off today (the sell off could've been much worse but the House of Representatives announced that they will meet again to avoid a fiscal cliff) in the markets.

DJIA - -0.14%
SP500 - -0.12%
NASDAQ - -0.14%

The SP500 is still in between the 20 and 50 DMA where I think it should consilidate as we hear back from what is happening in Washington regarding the "fiscal cliff."

WATCHLIST

 EGHT - flag

 HOV - flag

 LNG - long setup

 SABA - flagging right under the 50 DMA

SPRD - flag

Good luck tomorrow!