To gain an edge, this is what you need to know today.

Here Is What Is Ahead

Please click here for a chart of  S&P 500 ETF () which represents the benchmark stock market index S&P 500 ().

Note the following:

  • The chart shows the stock market is extended.
  • The chart shows the two major support zones.
  • The signal to increase cash was given not based on one day but looking forward to the entire third quarter.
  • Jackson Hole Economic Symposium is scheduled for August 26 – 28.  The symposium is sponsored by the Federal Reserve Bank of Kansas City.