GDP Q3 (revision'1): 2.7%, an upgrade from 2.0%.
Jobless claims: 393k, pretty lousy though.
Its pretty exciting seeing the market already suggesting we'll open around 1418, a mere 7pts from my target.
Lets be clear...
I am not going to get overly fixated on a particular target today. If we get stuck around 1418, 20, or 23, I don't much care.
I will short via the hourly cycle, and when it levels out, that's when I'm hitting buttons.
Also, I will pay particular attention to the Transports. It has the cleanest waves, and is a good guide for the other indexes.
The best wishes for Thursday trading !
UPDATE 9.35am.. we're almost there, should see this level out by 10.30/11am