Tuesday, August 25, 2015

8/25/15

Stock indexes were up over 3% but got slammed at the end of day giving it all back and closing in the red.  Most indexes and many stocks have formed large double tops.  Need positive price action to avoid breakout.  China was down another 7%.



/ES was up almost 4%, only to close in the red.



The Russel close to death cross.  Still has vM to 1038.1 triggered.


Nasdaq



Dow


NYSE


Nikkei


Bonds back below 200ma.



Gold is sitting on it 50ma.  10ma is trying to cross above 50ma.



I need to adjust oil #' due to contract roll over.  Still under $40.



Copper gapped up, filling gap from couple days ago.


XLF still ugly



IBB trying to regain 200ma.

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