MM Closing Notes - Market Analysis for Aug 28th, 2018

As we're coming into the close, there's a lot of uncertainty about tomorrow.  A new addition is that if SPX closes near unchanged (< +/- 3.06 from yesterday's close), the signal flip for tomorrow is cancelled.  Then we are left primarily with a breakout or breakdown pattern, with MMI giving a very slight edge to the upside or breakout.  

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."