31 August 2011

SP 500 and NDX Futures Daily Charts - Another Light Volume Levitation with EOD Dump



Non-Farm Payrolls is on Friday.

This weekend will be a three day holiday in the States for end of summer and Labor Day.

As a reminder today was the end of month markup period.

I think that the markets will go into a decline before the Fed's next meeting in September. But that is more hunch than chart driven.