We had a strong upside day that passed both 820 and 840 resistance. Now we should look to see how consolidation goes tomorrow.
OIL so far is pulling down $53.47, US$ is back above 86.40.
GDP number at 5:30am, before mkt open, unless the number is horribly bad (much worse than -0.5%) mkt will use that to do the pull back. on pull back I expect 815-820 area holds.
GDP is -0.5%, mkt now have strong gap up open. It could mean mkt is very strong at this monment, so Do not short it yet. If it keeps going, next step will be 900 area. Let's see how mkt deal with the second gap.
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