The Weekend Walk Through – Aug 27
Let’s review the weeks market movement and see what is likely to happen next week. NASDAQ -We still haven’t dropped into our ICL, but you can see that the NASDAQ has basically gone sideways all summer. Price is where it was in May. Is this reversal ready to move price higher out of this […]
August 25th – The Waiting Is The Hardest Part
SPX – So the SPX has a swing low in place, and the timing is right for a dcl, but at the same time, we are overdue for an ICL and this drop did not fit that definition. The SPX was rejected at the 50sma and it is good to note that a […]
Thursday August 24 – It Could Be Time Again
Time for what? The clue is in the picture, and we’ll discuss that after a brief review of the markets. USD – We were due for an ICL and not just a dcl in August, but so far this low is acting just like the other dcls, and they rolled over after going sideways […]
