Morning gang
Tomorrow will be the 7th day from our pivot at 944....We are also in the 7th week from the low 741...You have heard me many times talk about the number 7 as a time of panic or change..Well the 854/850 area is clearly in play this am whith retail sales and earnings leading the news (news breaks with cycles)...Strategy today is the 854/850 level I have been watching to be flushed out and undercut with a quick reversal....The market turns on a dime most traders can't.
A quick review
Trend= down by looking at the monthly and now the weekly swing charts are down look to these for direction...Hit'em Hard
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