Summer trading is officially done and the market will be news sensitive leading up to the big bad FOMC Rate Decision on September 18.

August's monthly candle is a wild one with a massive wick to the south and the bulls pushed the SPY within a whisker of all-time highs, Dow to several all-time highs, Nasdaq into a nice bullish recovery posture, and Russell the same (higher lows).

6 Central Bank Rate Decisions in September
US News on Employment and Inflation all rolling out before the FOMC

I'd like to see a seasonal dip or pullback to offer more accumulation opportunities before a run higher. Let's see how it plays out.
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Chris Pulver
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