“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday 6 August 2015

6 Aug 2015 - A Break Of Support?

SPX has broken a short-term support but it is not overtly bearish yet.  But this is not so with the Dow Jones or the Russell index.  Both have broken to new lows.  This should be worrying since the SPX as we know is sitting near its 200 day MA support which is inching up by the day.

MT: UP
ST: DOWN
PA: DOWN


BONUS: PPT

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