Market Close 8/23/17

Few stocks moved upward. Indecision day candle formed inside body of previous day candle. Most of the 9 market participants were sidelined today. This current condition is panning out some of the most recent speculation that has happened. Not really strong signs of a longer lasting short term correction. You would see more sell short signals in underlying stocks.  Also monthly data from the Flow of Funds indicate money coming into the market and not out. BUT this could change at any moment. We can NEVER predict the direction of the market.

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