Technical Tuesday - August 4, 2020 - Equities
publication date: Aug 4, 2020
Uptrends remain firmly in place for most of the indices reviewed, with the exception being the Dow Utilities. The S&P 500 is getting close to our MFU-3 target area which coincides with the February highs of this year. We may see a pause in the advance into that area. Upside momentum continues to expand for the Nasdaq Composite, and we highlight the Software group as an area to add exposure.
To gain access to the members only content click here to subscribe.
You will be given immediate access to premium content on the site.