Wednesday, 24 August 2016

Moderate weakness

With the weakest closing hour in at least a month, the monthly MACD cycle has ticked back to negative. Broadly though... the sp'2200s remain due.



sp'monthly


Summary

Little to add.

We've back to MARCON 6... but the fact we've recently seen the 7s is testament to the very important new historic highs in the sp, dow, and nasdaq.