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Coolhand's Market Analysis

Mixed Close, But Still Bullish - Posted by Coolhand

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coolhand
, 08-31-2020 at 07:22 PM (526 Views)
Quote Originally Posted by coolhand View Post
The last day of August saw the market close mixed, though it was only because a late day sell-off took some of the indices out of positive territory. It wasn't anything unusual.

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The charts continue to look very bullish, though overbought.

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Breadth remains so-so, though still bullish.

The smart money is bulled up, so I see no reason not to expect more upside. I remain bullish.

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