The market opened up, sank for the the day and recovered the last hour. I was hoping for something more definitive!
New monthly high expanded slightly and New monthly lows decreased. Not enough to think the rally will continue much longer. Also not enough to say the bears are going to take over.
We are still stuck in a small range with not a lot of volatility. It would be nice to break out one way or the other.
This is historically a weak time of year for the market and it is unusual for the market to be up in both August and September. We will see if that holds!
