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
Summary
A net June decline of -80pts (1.1%), but that was from a new hist' high of 7620, and I have to see the month as net bullish. Monthly momentum ticked a little higher, and is on the moderately high side. Another monthly settlement above the 10MA (6985) as the m/t trend is unquestionably bullish. RSI 73s... overbought.
For more of the same... https://www.tradingsunset.com
