MomentumOptionsTrading.com Weekly Wrap for 8/3/2014 …

MomentumOptionsTrading.com Weekly Wrap for 8/3/2014 …

MomentumOptionsTrading.com Weekly Wrap for 8/3/2014

11:30pm (EST)

1.  Market Summary

2. Weekly Wrap Portfolio Update 

3.  Week Ahead

(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section.)

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1.  Market Summary

The bulls went into July looking strong but left the month looking weak.  Of course, everything in between was a range bound market that produced stair-stepping highs before the elevator drop on Thursday and follow through on Friday.  The bulls had a decent lead entering the month but the bears managed to breakthrough several layers of support that has caused some serious technical damage. (read more…)

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MomentumOptionsTrading.com Weekly Wrap for 8/3/2014 …

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