Market Outlook 08/20/2021
Welcome to Opex Day.
Weekly charts tell the best story as /ES and /NQ dip to 10-wk MA for a bounce and /RTY breaking trendline support since March 2021. However, lets not jump the gun here as a /RTY bounce on Friday can recapture the trendline on a closing basis.
Volatility is back and intraday range expanding to provide trades for both buy-the-dippers an…