Good Afternoon,

This has been the pattern - the SPX rallies the day after an idiotic event. Traders in New York aren't going to let this type of cowardly action take the markets down. Regardless (bad choice of words), but despite the event, we still need to look at retracements in the SPX. Have we come off enough to sell the rallies? We saw the double top in IWM. Are retracements or possibly a double top lurking in the SPX?

Past performance is not indicative of future results

I have been hoping, praying, crossing my fingers and toes that volatiltiy would increase. We have it and as I have mentioned, we are seeing more frequent above average trading days. Another BUFFALO BOUNCE  in the GBP/USD:

Past performance is not indicative of future results

Fundamentally, keep an eye on the micro's in the USD on Thursday.

Happy Trading and Be Environmentally Cool

Coach Brian