September is Chicken Month, page-4

XJO up today +0.79%.  STW (tracking ETF for XJO) up +0.73%



The Heiken-Ashi Chart is showing a bullish upside reversal.  That’s good.  I’d like to see a x-over of the 2-Day MA above the 10-Day MA before getting too excited.

The chart remains within the long-term sideways trend.  



XXJ (Financials x-property) is the dominant sector in our market.  It is currently indicating a possible upside reversal:


Any upside reversal may only take the Index up to the top of its current range.

Until we see a clear breakout from this range, it is best to leave this to the traders.

RB