Market Report Aug 26 2021

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Market Report for Aug 26 2021

Look at the long-term history then look at the trading opportunity.

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +19.7% YTD
Nasdaq Composite +16.7% YTD
Dow Jones Industrial Average +15.7% YTD
Russell 2000 +13.4% YTD

Market Volume:
NYSE Vol: 733.3 mln (Below)
Nasdaq Vol: 3.6 bln (Below)

New Swing Positions:
CADJPY @0.8705

Comments:
Another record close for the S&P 500 and Nasdaq Composite with Financials and Energy leading.

DQ was the biggest gainer from our book as CRWD makes new highs.

A bullish day for the GBPUSD closing above 1.3732 resistance.

Happy prekend.

Let’s go trade!