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Estimated go live date is Monday, September 18th
•Rule #5 for the Discretionary Traders – Don’t Be Greedy!
•Stocks consolidate sideways, while Dow pushes to record highs
IWM should bounce soon
As should IYT
Utilities, Financials, Discretionary, Industrials approach or make fresh record highs
Health care, Staples, Real Estate hold up very well
Semiconductors oversold
•Bonds surge, but TLT is short of a breakout. Junk at all-time highs
•Dollar makes a 52-week low, but prints a possible weekly hammer candlestick. Euro pulls back from overbought levels
•Gold and GDX are pressured by bouncing dollar
•Oil and XLE with an indecisive candles
•Natural gas breaks recent support
Estimated go live date is Monday, September 18th
•Rule #5 for the Discretionary Traders – Don’t Be Greedy!
•Stocks consolidate sideways, while Dow pushes to record highs
IWM should bounce soon
As should IYT
Utilities, Financials, Discretionary, Industrials approach or make fresh record highs
Health care, Staples, Real Estate hold up very well
Semiconductors oversold
•Bonds surge, but TLT is short of a breakout. Junk at all-time highs
•Dollar makes a 52-week low, but prints a possible weekly hammer candlestick. Euro pulls back from overbought levels
•Gold and GDX are pressured by bouncing dollar
•Oil and XLE with an indecisive candles
•Natural gas breaks recent support
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