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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.

http://www.selectivechartists.com/index.php?option=content&task=view&id=2304&Itemid=50

 

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.

 

http://www.selectivechartists.com/index.php?option=content&task=view&id=2303&Itemid=49


Disclosure: No Positions, 100% CASH