| Weekly Trend: | Down | |
| Daily Trend: | Down | |
| Daily Momentum: | ___ | Up |
An extremely quiet session of trading with the major indices staying within a 30-point range. Afternoon weakness saw prices slip to the days lows, but we managed to close back in the green after a rally late in the day. US markets attempted to trade lower but rallied back after retesting recent lows. I continue to see this price action as a longer term positive because of its corrective connotations. I have cautiously added two new setups for those looking at counter trend opportunities. There is a distinct lack of short side opportunities.
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