What Didn't Happen: Lund Loop Daily Update - 09/08/2022
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The ‘Daily Update’ includes a review of the day’s market action, updated charts, from the Saturday ‘Market Strategy’ video, and setups ready to trigger.
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Interesting action today in the SPX which had numerous opportunities to roll over. But each time buyers stepped in, leaving us with a series of higher lows.
Today’s action fell similar to what we saw during the rally from mid-July to mid-August.
For a deeper dive, check out the Daily Update video below
Sectors: 8 out of 11 sectors were UP.
Winner: Health Care +1.77%
Loser: Communication Services -0.44%
Oil: $82.78 (+1.03%)
Gold: $1,719.30 (-0.49%)
U.S. 10-Year Treasury: 3.319 (+1.59%)
US Dollar Index: 109.657 (+0.12%)
Crypto: Bitcoin: $19,370.20 (+0.42%) Ethereum: $1,647.25 (+1.03%)
Daily Update Video & Watchlists
Click the links below for the ‘Daily Update’ video and to view the current watchlists & setups.