Yesterday's test of SPX 820 after dipping below support and the explosive reversal was very impressive. However, I'm still on the road and I'd be somewhat wary of the move -- at least for today. In fact, futures are already trading down significantly on [edit] dour retail sales. Maybe that counter move will be enough to restore some upside potential energy, we'll see. I will be able to post the weekend update before Monday, so check back in before the open, and
have a good one.
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