Monday, 31 August 2026

Bullish August

 


 


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. 

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