This market has been a choppy mess over the course of this week with +1.5% -1.5% -1.5% which turned green today. This is not a healthy sign, but a sign of big indecision but we still have to take note when the market makes a clear hammer candle here. Which ever direction ultimately wins this back and forth battle should have a good sized moved, so what happens here is important. There are a lot of sectors that are of interest here if we get follow through tomorrow. But in this market confirmation is key! Trading every bounce (especially in energy names) over the last few months has not been a winning strategy as pops have often given back the entire move and then some more. On this chart I highlighted the last time the market had a big hammer candle which was 7/7 the next day was another big down day… So we need to see confirmation before jumping back in on the long side. I highlighted one sector in particular that is primed to make a move higher if we get that follow through in the members section this evening. I wish you all the best of luck and look forward to seeing you inside the members area.