Wyckoff Wave closed sharply lower today at 36,183

Stocks opened higher this morning then quickly reversed lower.  There was steady selling all the way to the close.  We feel stock market is attractive down here at these levels.  We especially like the action in Microsoft (MSFT) which looks like a very nice back up to the creek, and has sharply higher objectives from the Point/Figure chart.  We also like Exxon Mobil (XOM)
We also like Oil ETF (XLE), and Real Estate ETF (VNQ)
Let’s see how tomorrow action starts out….

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