Yesterday the commodities and Gold were strong along with some select stocks on our radar, but today we come into cautious on buying opportunities. The financials have only been yielding select trades as the sector has been lagging , and especially leader GS has been unable to join the party. We are going to be looking for an entry above 160 if it trades above and holds for at least 30 minuties, and our target for the trade will be up at 165. Our stops will be down at 157.50 to give us a nice 2-1 reward to risk ratio.
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