Market Signals 080618

~~ $BKX target 63 met today ~~
$BKX have met target 63 and bounced up closing at 63.21. Do we have a LT bottom for financial? Maybe vst, ST, IT? No we do not have any confirmation or signs that financials have bottomed yet. More after further market analysis with updates later as I do not think that financials will fire up at this support. XLF is at LT support 22.50 +/-, however, it still shows neg divergence on VLT; so, need to be careful.

~~~ VIX, TRIN, $CPC ~ $CPCE ~ $CPCI ~~~ Markets are still in bullish mode, selling in light volume. No sign of worry on p/c ratio.

U.S. – China Strategic Economic Dialogue Fact Sheets