CL 03 12 (1 Min) 08.16.11

8/16/2011 Monthly Building Permits (0230 HI time / 0830 EDT)
Forecast: 0.61M
Actual: 0.60M
No previous revision
INDECISIVE REACTION
Started @ 87.31
Peak@ 87.25 / Retrace to 87.41 – 0231 (1 min)

Notes: Report came in close enough to the forecast so the reaction was small and indecisive. Cancel the trade if not filled in 8-10 sec. If you got in the trade, then go for minimal gain or loss.