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Stocks Set To Open LOWER, 100% CASH

08/30 @ 9:15am


This morning, futures are pointing to a LOWER opening for the major indexes.

As stated in this weekends BIG PICURE SNAPSHOT, major indexes are BELOW 50 & 200dMAs. Indicators are NEGATIVE and there is no sector leadership.


Anticipate lower levels to be tested.... Greater risk than reward at this time.

Selective Chartists is in a 100% CASH position.

To view stocks closely being monitored (close / meeting criteria), view this weekends STOCK FOCUS LIST.

Disclosure: No Positions, 100% CASH