Market Report Aug 19 2022

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Market Report for Aug 19 2022

S&P 500 and Nasdaq Daily Charts

Stock Market Price And Percent Changes

Another sideways session with not much happening near the reversal zone as Energy gained some strength off its 50MA.

The S&P 500 had 54% Up bars compared to Nasdaq Composite which had 51% Up bars. Both closed above their average for that session.

So a nothing period of activity for the market while it assesses its next move just below its resistance levels.

Let’s go trade!