Signals & Trading Plan for Friday 8/23/19

Fed Chairman Jerome Powell is scheduled to give a big speech tomorrow Friday at 10:00 AM EST from Jackson Hole.  

Updates from market internals
Market internals are back to sending mixed messages, showing that under the hood stocks are struggling for directions. 

NYSE and Nasdaq Advance/Decline lines turned up sharply today, which is bullish for stocks.  

NYSE and Nasdaq percentage of bullish stocks also turned up today, confirming the above bullish message.

However ...

The rest of this article covers:
Updates from market internals (more)
Major Support and Resistance Zones
Planning your trades

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