After picking the turns correctly on some dates, Aug 25 turned out to be a short term top (or a turning point) but this was shortlived. The market turned down for a day and with the Jackson Hole meeting, it proceeded it's bullish path (as predicted) much quicker than anticipated.
Right now it is above the way above the Aug 25 top.
Aug 31 is still a key date to watch for a turn. So I am anticipating the market will make a top on Aug 31 and turn down for a minor retracement.
I am releasing some of the key dates to watch out for
AUG 31
SEP 2,
SEP 6
SEP 11
SEP 15
SEP 18
SEP 22
SEP 28
SEP 30
for possible turns.
Right now it is above the way above the Aug 25 top.
Aug 31 is still a key date to watch for a turn. So I am anticipating the market will make a top on Aug 31 and turn down for a minor retracement.
I am releasing some of the key dates to watch out for
AUG 31
SEP 2,
SEP 6
SEP 11
SEP 15
SEP 18
SEP 22
SEP 28
SEP 30
for possible turns.
Trade active:
Turns out that Aug 30 was the temporary top for spx, but for spx futures, its Aug 31.
I expect spx to retrace until Sep 2 (which is 2 days away) and bulls will take over again.
I expect spx to retrace until Sep 2 (which is 2 days away) and bulls will take over again.
