Summary
A moderate net monthly decline. Momentum weakened a little, but remains moderately positive. Another monthly close >10MA (7230) as the main market remains m/t bullish. RSI 73s is overbought, but that can remain the case for a considerable time.
For more of the same... https://www.tradingsunset.com
Summary
A net August gain of +196pts (2.6%), having printed a new hist' high of 7816. Monthly momentum remains on the moderately high
side. Another monthly settlement above the 10MA (7150) as the m/t trend
is unquestionably bullish. RSI 74s is overbought, but that can remain the case for months... even years at a time.
For more of the same... https://www.tradingsunset.com
Summary
A net July decline of -9pts (0.1%). Monthly momentum ticked a little lower, and remains on the moderately high
side. Another monthly settlement above the 10MA (7065) as the m/t trend
is unquestionably bullish. RSI 72s... marginally overbought.
For more of the same... https://www.tradingsunset.com
