Market Outlook 08/17/2021
Another dip buying opportunity in markets on Monday as /ES and /NQ reversed sharply eventually closing at highs. FOMC optimism kicking in at lows but setting up a definite floor for the week. However, on weekly charts the only strong index is /ES as it makes another all-time-highs today.
On daily charts, /ES has some room to the upside for the next 2 day…