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Hello Everyone,

Here's a link to Tonight's Newsletter.

Also I made a video of this newsletter, it's not finished processing yet, I'll email you a link once it's done.

Quick Notes:  The major indexes posted marginal gains, except for the Dow Jones, which posted a marginal loss. Choppy day basically and quite a few stocks and indexes/sectors ended the day with doji like candlesticks. Also, of the 21 market sectors that we follow, roughly 50% closed up or down, mixed day. The market feels a bit overbought in the short term here.

Interesting stat from Sentiment Trader, Since 1900, the Dow held ONLY during September and October has declined -73.7%

Mostly a down day for the commodities, save for natural gas which gained 5.4%.

Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night.  Consider making a fresh top 10-12 setups  each night and put on front page along with existing trades.  My advice is to keep your total ideas to a manageable number.  Lastly, it's best to wait at times for valid setups to form - sometimes less is more.

Matt

Providing high quality market analysis with an emphasis on technicals education since 2003.

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Edwardsville, Illinois 62025
support@breakpointtrades.com
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