Tuesday Forecast

Here is my forecast for Tuesday:

I feel that we are going to have somewhat of a recovery day bounceback today. Look for a bit of up in the morning and then some chop in the afternoon. Lets look at the chart:

You can see that the candlesticks are showing a double reversal hammer pattern and that is indicative of a temporary bottom, or a bounce up due over the next day or so. I will see you guys in the morning tommorrow.

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