Summary
The SPX saw a net August gain of +120pts (1.9%) to 6460,
having printed a new hist' high of 6508. Momentum
ticked upward for a third month, and is increasingly positive. A fourth monthly settlement above the key 10MA (6000), as the mid
term trend should be seen as bullish.
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Summary
The SPX saw a net July gain of +134pts (2.2%) to 6339,
having printed a new hist' high of 6427. Momentum
ticked upward for a second month, having turned positive. A
third monthly settlement above the key 10MA (5925), as the short/mid
term trend should be seen as bullish.
For more of the same...
Subscription offers > > https://www.tradingsunset.com
Summary
The SPX saw a net June gain of +293pts (5.0%) to 6204, having printed a new hist' high of 6215. Momentum
ticked back upward, and is due to turn positive as of July 1st. A second monthly settlement above the key 10MA (5867), as the short/mid term trend should be seen as bullish.
For more of the same...
Subscription offers > > https://www.tradingsunset.com