Scheduling Conflict

I was travelling yesterday, and am visiting with family today, so that is why there have been no updates.

I highlighted the outside reversal day on Wednesday, and said that the pattern usually portends further weakness, so yesterday's selloff was not all that surprising. The SPX is still above the 875 support levels that we noted during the last selloff.

Today is the last trading day ahead of the holiday weekend, so I would expect volumes to be lighter than normal.

I will be back with an update later today. Good luck trading.

Note: I have not made any new trades