sp'monthly
R2K, monthly'2, rainbow
Summary
Unquestionably, it was a month for the equity bulls. Even the laggy R2K saw rather powerful gains of 4.8%.
With bullish engulfing candles on many of the monthly charts, the outlook for September is bullish.. at least to the 2020s, if not the 2030/50 zone.
For me, the only issue is whether the 2100s are coming, before some form of major intermediate correction (on the order of 15% or so). Right now, that is too hard to call, we'll have a much better idea by late September.
Goodnight from London
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*the weekend update will be on the World monthly indexes