Wyckoff Wave Down Sharply Today

Stocks were under pressure all day today, until the last hour. We used the rally off the lows to enter a few long positions. We wanted to start to nibble, and if we get a better retest of the low we will add to positions. We recommended buying MSFT $49.26, GE $27.27, and XLE $53.74. We will publish stops soon as we will not be wanting to risk much on these trades. #WSMI

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