HGSI Doc Top Down Review 8.21.2016

Another week of indecision, chop and minimal movement on the major moving averages.

Yet, underneath the averages there has been clear rotation and weakness in metals despite a falling dollar.

Will we see a last gasp summer rally or is this market about to follow the pundits predictions and have a major collapse.

Lets take a top down review and let the data do the talking.

Have a great week, safe and Happy Labor Day

Jeffrey