By Astrology Traders

The Markets

The bullish trend we were expecting in the middle of August gained additional strength in last weeks trading session. The technical long term trend is for the Nasdaq has realigned to the upside and joins the¬†DJIA. The Nasdaq has done a ‘whipsaw’, as Jeff likes to call it, giving a signal that is bullish for all the indexes. Jeff often sees this type of market being followed up by a very big bullish breakout. We could see this type of move next week or in the second week of September. We will continue to hold our long positions, trim profits, and add to our longs as new setups materialize. I will continue to advise caution in the first week of September, however, by mid September we will likely see another very strong move up on the indexes.

Oil ($WTIC)

Saturn and Mars will make a conjunction in the sky this week, will likely see a rebound with oil prices moving higher. A bullish move is likely into mid October.

wtic

The following is from last weeks premium report by Astrology Traders published Aug 24th. You can view all our trades here verified by Marketfy.

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