08.13.24 - SPY $540 reached - Little Bird Trading's Market Weather Report

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We shared in Friday’s Market Weather Report (link):

To keep it simple, while progress is being made, nothing matters until above SPY $540 or below SPY $510.
That still applies, but bulls are in control going into next week.

Here is an updated chart. The bulls have broken SPY $540 which officially puts them in control.

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Little Bird Trading’s Market Weather Report

SPY, QQQ, DIA, IWM, IBIT, UUP, TLT, NVDA, META, AAPL, AMZN, NFXL, GOOGL, MSFT, CRWD, TSLA, AVGO, JPM, XOM, WMT
And 100+ other US listed stocks, bonds, commodities, currencies, and crypto
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