Waiting for the Bounce - Vacation until September 3rd.
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhr016GRq8rNwP5SoiLKP-4Z-P0e-NtBkgciNmi8WY0s5DEZwMEIlctiY6os8rOk1phCRqi9mC2LBRRt4Zx40CMaaxFYYd69pQUosVHosxCLAeGHKrhZW8PhVfPDdfDFk5RcnAyNg/s1600/SPX_Aug20b.png)
Friday offered the opportunity for more but in the end it was honors even between bulls and bears. The S&P finished the week on bearish net technicals on higher volume distribution. One positive was a potential doji (and a chance for a 'bullish morning star' on Monday) which is a chance for bulls to buy the open with a stop on a loss of 2,420. Another is the very strong relative performance - when money comes into the market it's the S&P where it's going.