August 28th – Things Are Popping

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A Monday night report should be short, because we've only had one day since the weekend report, but Monday was a very active market. This report will be longer than the usual Monday report.

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Review SPX August 21st -  This was last week, and we saw the SPX meet up with 2 resistance points.

SPX WEEKLY Aug 24th -  So for the weekend report, I drew that same resistance here. It could climb along the upper magenta line, but would need to break the blue line first...

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August 25th – Do The Weekend Swing Dance

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Friday seemed like some sort of an  anti-gravity day, with most sectors climbing nicely higher.  We even had Swing Lows enter the dance floor, so let's take a look at our current market set ups...

 

RUSSELL 2000 -  We looked at IWM and TNA earlier this week as buy signals, and we have follow through. Raise stops and see if they continue higher ...

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Friday Aug 24th

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Welcome to the last trading day of the week...

 

USD-   This is a copy/ paste from yesterdays report, expecting a USD DCL.

     

UUP  ( USD) -  It looks like the DCL may have formed. I mentioned yesterday

 

Now let's discuss Gold...

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