Monday, August 12, 2024

Morning Post

Good v evil 

On to the lie - 

Minis up a bit. There are lots of gaps above on the major indexes. I’m concerned about the island gaps. Those need to close. They’re marked in purple on my charts. On the Qs, they’ve fallen back under LT resistance which is 17,200 this Friday. DOW resistance this week should be 40,200. SPX might have a STB point at 5470 on Friday. 

More to come below. 

Have a good day. 

GL and GB! 

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