Very simple, the Globex low (whatever it is) in the AM I am a buyer of. I know around 1050.00 there is a lot of support.
Housing starts at 8:30est -Housing starts in May fell back 10.0 percent to an annualized pace of 0.593 million units, following a 3.9 percent boost in April. The decline in the latest month was led by a 17.2 percent decrease in single-family starts, following a 5.6 percent gain in April. The May drop in this component was the largest since the 19.6 percent plunge in January 1991. Permits declined 5.9 percent to an annualized pace of 0.574 million units, following a 10.9 percent fall in April.
EVERYONE KNOWS THIS NUMBER WILL BE WEAK YOU BUY THE WEAKNESS..
IM A BUYER OF XLF, C, BAC, SSO on weakness premarket and any gap down around tomorrow's opening if I have to wait that long.
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