Nothing significant on a daily or weekly basis. Weekly is still bullish and OB without any negative divergence Other than the Pring parameter MACD. This does not mean we are safe from a bearish turn as can be seen in the daily negative divergence. Since this is much more reactive, swing traders should be watching this time frame for culling evidence that a CIT.
The dates to watch based on Cycles are: Aug 26 - 30 & Sept. 9
Key dates? We will be watching for a convergence of activity, signals, and momentum towards these dates to see if the RISK for a CIT has increased.
R: Aug 11
Note: Last year around Aug. 10th I warned about the 1618 day cycle that was approaching and to expect some type of move. We are now 365 days from that (1984 days).