Hello All!

So far, this week has amounted to little.  Our last hope for movement comes in the form of FED chairman Powell’s speech at 10 AM, barring something unforeseen.

We scanned, and re-scanned and analyzed to no avail.  With the SPX going virtually nowhere, our scans haven’t been able to locate much in the way of momentum shifts because their haven’t been any in the indices.  Powell’s speech could provide the jolt the market needs to move again.  However, so far, late August is acting very much as we noted it could in our webinar.  Things may still turn up and despite it being Friday.

We will update when warranted.

Thanks!

Wayne