Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Elliott Wave Lives On
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Weekend update

Saturday, August 26, 2017 5:57

% of readers think this story is Fact. Add your two cents.

REVIEW

The week started at SPX 2426. After a decline to SPX 2417 on Monday, the market gapped up on Tuesday hitting s high of SPX 2455. This was followed with a gap down on Wednesday to a low of SPX 2436 on Thursday. On Friday the market gapped up again, hitting SPX 2454, then pulled back to end the week at SPX 2443. Gap openings like this typically occur during corrections. For the week the SPX/DOW gained 0.65%, and the NDX/NAZ gained 0.70%. Economic reports for the week were sparse and all negative: new/existing home sales, durable goods, the Q3 GDP estimate, and weekly jobless claims rose. Next week’s reports will be highlighted by monthly payrolls, Q2 GDP, the Chicago PMI, and ISM. Best to your week!

LONG TERM: uptrend

The last few weeks we have been reporting on some potential headwinds to the long term scenario. After reviewing all the charts we have decided to concentrate on the Transports, as they are often a leading indicator of stock markets tops.

Source: https://caldaro.wordpress.com/2017/08/26/weekend-update-619/

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,603,819,739
Stories:	8,151,440