Review of Tuesday

We did not get the range expansion that I was anticipating on Tuesday. As a matter of fact, Tuesday was a NR4 and NR7 day. This should give us a wider range day soon.

Rolling Over to the September (ESU08) contract on Thursday.



Financials (White Line) was stronger than the general market, which is bullish.




The NYSE Advance - Decline Line was in bearish territory, but showed slow, bullish improvement throughout the day. Maybe the result of a modest reduction in oil prices and stengthening of the dollar throughout the day.




$TRIN was bullish, but the $TICK remained bearish all day, which gave us a tie between the bulls and bears with the bulls with a slight advantage.

Charles