Weekly Stock Market Update, Forecast, and Outlook for Week of August 20.

Per this morning's post, I am now short term flat the indexes with no position. This Morning's Post. I am going to wait to see if the bulls can retake the chart. For now, I am tracking only short entries until the bulls do that. I am using a one day candle low as the entry and waiting patiently. For those of you taking this long good luck!

Here is the chart: I am just walking that line up with the daily lows until we find out if we can retake the 13 EMA which is currently pointed down. The MACD has a higher low, which is why I harvested the final short position. See you likely later in the week.

Peace, Om,
SoulJester