Market On Close, Thursday 15 August
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Shots!
by Alex King
The drinks cabinet got drained today. The most important charts to look at below are the shorter-term ones to see whether the slingshot move up from the 5 August lows are likely to continue, or whether markets cool off at this point.
The charts we publish here daily can be used to plan hedging, stop-losses, profit-taking orders, you name it.
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Let’s Get To Work
As always in our market notes, we deal with long- and short-term charts covering the main US equity indices - that’s the S&P500, Nasdaq-100, Dow Jones-30, and the Russell 2000 - plus bonds, volatility, oil, and key sector ETFs. You can use these daily notes to help you navigate long-term investments, and/or to help you action short-term trading. Any paid-tier subscription here gets you these notes every trading day.