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We”ll have a lot to – If, Then… Market Timing

We”ll have a lot to

By Rod David | August 7, 2014 - 3:16 pm

We”ll have a lot to discuss at today”s weekly Livedesk Unlimited. This morning”s rally attempt fizzled out through the morning when another round of Russia-Ukraine headlines hit (from NATO, actually). And now S&Ps are probing fresh lows.

This is not a healthy spot to be greeting the week”s last session. Two rally efforts within 24 hours of each other each failed — yesterday”s morning-long surge and today”s pre-open surge to higher highs. Not rejecting today”s probe of fresh lows through tomorrow”s open would renew the vulnerability to a Monday meltdown.

See you at 4:30 ET.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/

Posted in Bigger Picture