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Jim Wyckoff

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U.S. Stock Indexes See Serious Technical Damage

August 5, 2019 by Jim Wyckoff

The U.S. stock indexes have been hit hard just recently amid an escalating trade war between the world’s two largest economies–the U.S. and China. Last Friday’s technically bearish weekly low closes and prices this week slumping to multi-week lows have seen major technical damage inflicted and also suggest the U.S. stock indexes have topped out. Remember, too, that we are heading into the months of September and October, which history shows can be very turbulent months for the stock market. Stay tuned!–Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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