Weekend Market Review, 8.25.19
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The global equity markets closed the week on the edge of a very big cliff. Monday’s price action will make a big statement about the health of the overall equity markets. If it is a sharply “red” day, expect to see continued selling into the week. This negative price action would create very weak weekly and monthly charts and setup a very negative tone for the overall global economy. As the eternal optimist, I certainly hope that does not occur, but proceed with caution!
$TNX $SPY $SPX $QQQ $COMPQ $RUT $IWM $JNK $TIP $TLT $USD $GOLD $GLD $WTIC $MSWORLD $EEM $OIL $VIX $SPY $JJC $XLY $XLP $JJC
**Disclaimer** This video is for educational and information purposes only. Please do your own due diligence before determining whether to buy or sell any security.