8/1 - bullish (hold stop)

• very weak how market was unable to hold any of the gains from the optimistic reaction to the weekend debt ceiling talks...
• but market was able to come back eod to close at the middle of its range
• range today was huge and as we off the lows and highs, neither bulls or bears won today...tomorrow is needed to get a better direction
• charts show that internally we are starting to reverse, but no hard evidence yet
• ISM numbers at 7am gave a huge push down after the slow drag lower as enthusiasm for debt ceiling agreements faded...this seems like a bigger future scare than the debt ceiling...definitely pros know that this can mean even more slowdown in the market is to come
  

Still like going long here more so than going short...still loving a reversal here but because of weakness, i am doubting a higher high from here but more a lower high with this next move...but definitely next move should be higher, just dunno how high..