Another Rest or Rally Peak in the e-SPU?

Mid-way through the session, the Emini S&P 500 (e-SPU) was unable to climb to a new high, and instead has rolled over a bit from 1690 to 1683 or so, which could be the start of something more substantial if the index continues lower, and breaks 1677.75.

In the absence of the break, this weakness is just another minor bout of weakness within a still-incomplete Aug-Sept upleg.


  Matched
x
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!