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Hello Everyone,

Here's a link to Tonight's Newsletter.

Note: gut wrenching sell off the first 1hr of the day with the SPX over 90 points from Friday's close, and then a very nice recovery into the close with the indexes gaining back most of their losses. 

Short term we can count 5 waves up on the SPX and QQQ. This implies either a wave A, which means a higher low wave B will likely form then another move higher in a C. A more bullish view is this is the start of a new uptrend. 

I added some objective trade ideas. 

I also discuss the open SPY system long trade

I also discuss and show many examples of our symmetry methodology

have a great night!

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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