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.

Wednesday, August 14, 2019

AUG 15, 2019

nest late Sept (or early Oct):

In  the interim expect volatility up and down with a downside  bias.  Nest of 40, 20, 10, 5 week bottom near end of Sept or early Oct.
                               

Good Luck

Saturday, August 3, 2019

Aug 5 - next 2 months

Market looking high risk - time to trim positions????


Be careful traders