Morning Ideas August 24, 2021

THe market got to 4492 quicker than I had expected, but we are here nonetheless. From here I expect the market to slowdown going into the Jackson Hole Symposium that starts on Thursday this week.

I would expect a sideways trade here and the market to range back and forth. You still have to give the advantage to the buyers, but I am going to take a more neutral stance on the day today, personally.