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

PAYPAL

Tuesday 2 August 2016

2 Aug 2016 - EOD

SPX made an initial move lower with a sub-impulse behaviour.  Although a reset was triggered again, caution should be taken since prices are at their peaks.  Failure can occur, and any long profits should be protected with minimal exposure for a possible move higher.

SEN: Bullish
ST: UP
PA: UP
R: Aug 2


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