You don't have to be a US citizen to practice Thanksgiving tomorrow, you just need to be able to assume an attitude of gratitude. I've found gratitude and thankfulness are useful for most aspects of life...including trading.

While the major indexes will likely back and fill or maybe even undercut the recent lows, the better names have likely made their lows as leading stocks tend to bottom ahead of the general market. Almost all of stock leaders emerge from market corrections.

History says now is a great time to buy commodities ?

History told us we could get a retest and that's what we got. ( check last Wednesday blog ) Now we need to see if selling starts to slow down before doing any buying.

It's very important that we don't get a bad close on an elevated volume.