Closing Brief

I think today was a bit of a rough day for most traders, and for many, August as a whole was a difficult month - even for those on the bullish side.

The closing hourly index charts...


IWM

Dow

Sp

Summary

So, August trading comes to an end. September is going to be a lot more active...I hope.

The hourly index cycles are a real mess after today's chop, but at least, Jackson hole is out of the way. We're done with that nonsense for another year.

Next up...the monthly jobs data next Friday - although there are various EU meetings early next week, that might take more centre stage.

I remain seeking at least a hit of 1385/80 early next week.

Have a good weekend!

*More later this evening, with bits and pieces across the 3 day weekend.