Overall the markets are leaning positive, no confirmation on daily charts yet. Domestic and world issues can blow our markets out of the water too, so take your pick. August is a very bearish month, who knows. I’ve got some Uvix today, 11-17 of august can be detrimental to the world imo. Enjoy your weekend.
John @market_sleuth · 54m Quick observation … $SPY volume is faltering lower as it moves higher. Highly indicative that this is nothing more than a countertrend move from oversold conditions. No conviction 🔽