| USA | Longterm | Midterm | Shorterm |
| S&P500 | Down | Down | Neutral |
| DJI | Down | Down | Down |
| NasdaqComp | Down | Down | Neutral |
| Natural Gas | Neutral (-) | Down (-) | Down |
| Oil | Down | Down | Down |
| SecurityBroker | Down | Down | Neutral |
| Bank | Down | Down | Neutral |
| Insurance | Down | Down | Neutral |
| Housing | Down | Down | Neutral |
| Shipping | Neutral | Down | Down (-) |
| Steel | Neutral | Down | Down |
| Retail | Down | Down | Neutral |
| Biotech | Up | Up | Up |
Monday, August 4, 2008
No Strong Trend
US sectors indexes reading is mix. No strong trend detected. A trendless market is the greatest enemy for an option trader!
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