Charts I’m Watching: Aug 5, 2021

Still on the road for a few more days…  Delighted to see that all our charts are playing out as expected – with a critical few days finally having arrived.

continued for members...SPX’s SMA200 has finally reached its 3.618, so the door is wide open to that backtest we’ve been wondering about.

The ES version is still a little off.

USDJPY backtested, but could go further if stocks are to correct. While CL and RB are still marking time.

GC and SI continue to settle lower, with important tests again