Hello Everyone,
Admin Comments: STS KISS Tables: https://breakpointtrades.com/ts/sts.php?chart_group=BPT_basket
Quick Comments
: The market gapped down and started the day on a strong move lower, however quickly made a bottom about 1hr after the open and stated a strong recovery. As I posted on the Trading Community Blog, I commented that you could count 3 waves to the downside, and the bullish view would have had a simple ABC completed, and provided a nice entry place for a index longs.
A slew of economic news on Thursday from GDP, Durable Orders/Goods, Initial Jobless Claims, Retail/Wholesale sales, New home sales, Natural Gas inventories
Matt
