The below assessment is provided under the Financial Content Disclaimer at https://TSP.Live/financial-content-disclaimer/. Always consult with a licensed financial professional before trading.
Financial Market Analytics Dashboard (FREE): https://tsp.live/fma-v2/
Assessment:
SPY Chart: https://sblk.io/s/alxYUXIbcvSrSD4
Low volume, small down day. I honestly expect very little this week. Unless they get something going, there won’t be much to report until after the holiday next week…or perhaps not even until the following week. Traders have been taking VERY long holiday weekends (more like weeks). The departure of traders from their desks has then made the markets slowly grind up or sideways during these periods. So far, the lead into Labor Day is playing out exactly this way.
Good luck in your trades!