The Trade Index

What Is The Trade Wind Direction? 

INDEX STRENGTH: +9

Small caps helped provide broad market strength today.  The short term index remains positive and closed at +5.  We are right at inflection points for many of the short term indicators.  The long term indicator remains strong at +4.  Covid-19 news, the US dollar, and the US election outcome are the main factors to watch.   August 8, 2020.  5 pm ET

Previous Close:

+8

One Week Ago:

+3

Maximum Headwind = -10

Maximum Tailwind = +10

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