Friday, August 23, 2019

Aug 24, 2019 outlook

The up sloping trend line was broken and has become a resistance line as market moves up/down beneath that trend line.  Beta has become stronger with this trend line violation.  


Cycle
Cycle alignment favors  more down movement.

4 comments:

  1. Thnx again. Do you still see a intermediate top around beginning September, as in your post August 5th?

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  2. Maybe a test of the prior high and a turn down but probably limited upside. Some more sideways and then a turn down starting by mid September???

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  3. Thank for giving all of us insight with your cycle work!

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