askSlim Market Week Brief 08/28/26 - Analysis of Financial Markets

askSlim Market Week Brief 08/28/26 - Analysis of Financial Markets

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  1. 01 CSCO NASDAQ VENDER +0,00%
    Entrada $109,93 28 ago 2026
    Atual $109,93 28 ago 2026
    Resultado +$0,00

    we're going to be looking at this as a earnings gap down bare flag setup for lower

    Contexto Uh so uh that's a tip in in the hat uh on the bare side here uh for the uh for the CSCO. And we're going to be looking at this as a earnings gap down bare flag setup for lower uh here in the shorter time frames.

  2. 02 AVGO NASDAQ VENDER +0,00%
    Entrada $368,79 28 ago 2026
    Atual $368,79 28 ago 2026
    Resultado +$0,00

    we're going to be watching to see if this can give one more move on the downside.

    Contexto Finally, let's hop over now uh to AVGO... I'm going to be watching to see if this can give one more move on the downside.

Transcrição Completa
This is an ASL slim stock market brief for Friday, August 28, 2026. This is RV Ramachandran. So over the last week, we saw a number of earnings first from NVDA. Their shares surged right around 8.7% following a Q2B and they also indicated that they will be buying Hugging Face for right around 12.9 billion. You will note that their first investment uh was back in 2023 at a $4.5 billion valuation. We saw a major earnings beat from Salesforce, symbol CRM. Of course, they did indicate that they are now entering into a partnership between Salesforce and Anthropic, uh, where they will be integrating Salesforce's CRM functionality right into anthropics cla interface. So, that was a major shift uh for the overall company. you know sentiment has clearly turned back in their favor as you are just seeing the underlying act very very well and uh we also saw earnings from crowd strike which was up you know somewhere around 9 plus% yesterday uh after their earnings but you can see they are giving up a little bit here uh on Friday's session and we are actually going to be highlighting the cyber security names uh in this video which I think you will find quite interesting So, in this video, we'll have our analyst Katie look at the longer time frame in the XME as part of the investor up spotlight. As I said, I will be looking at a mini stock sectors on the cyber security names, specifically the CIBR ETF. After that, you will see our level four special buy two months get one free. And finally, the ASLM stock market outlook for the S&P. And this slide is critically important. You will note that everything that we are sharing is forformational and educational purposes only. It is not to be looked at as any kind of trading advice. You always have to follow your own trade plan. And if you have any questions, please consult with your financial adviser. Okay, so let's go ahead and look at the Investor spotlight for the XME. And I'm going to go ahead and hand this off to Katie. Hi, this is Katie with Ask Slim. Today I'm bringing you the spotlight video on one of the ETFs in our investor hub. It's the Spider Metals and Mining ETF, ticker symbol XME. Let's begin by taking a look at the monthly chart. On the bottom, we have a cycle brackets showing an average cycle length of 16 bars. These cycle brackets are a drawing tool showing ideal cycles where the actual cycle troughs formed is shown by these vertical dotted lines which you can then compare to the ideal cycle brackets to get a sense of the consistency of the cycles. Around this most recent ideal cycle trough, we have these blue vertical dashed lines. These represent a period of time when we expect the latest cycle to form a trough and for price to begin moving up in the rising phase of the new cycle. As you can see, that may have happened last month. That would put us one month off the cycle low. But we are still inside the timing window, which is a period of risk. And our reversal scout, this green and purple ribbon, has not yet returned to positive to help us confirm that trough. However, the next weekly cycle isn't due to trough until February, which would be way out here quite late. So that is why we believe this low last month may have been the synced long-term, intermediate term, and short-term low. Now, this is a long-term chart, of course. So, our projection over the course of the next year would be for at least a retest of this high at 13568. We do have some extension levels higher than that at about 141 and 152. Also, if you'd like to take a look at some of the individual holdings in the ETF, uh here they are. This was just updated last month. Now, let's switch over to the weekly chart. In this time frame, we have a 32 bar average cycle length. We're uh 4 weeks off the prior cycle trough, which was the one that synced with the monthly chart. So, in 4 weeks, we've made it to the top of this resistance zone. Uh momentum has returned to positive on the reversal scout in this time frame. Our next levels up are the 78.6% 6% fib at about 127 and then that prior cycle high again at 13568. As I mentioned earlier, if I hover over this uh cycle bracket, you can see that it is not due to trough until out in that February time frame. Now, over on the daily chart, let me zoom in a bit. Right here is that uh trough that synced up with both the intermediate and long-term lows. Here was our reversal scout turning positive, giving us an early warning. And then the slim ribbon gradually improved from negative to neutral to positive. It colors our candles red, green or gray depending on momentum conditions. The average cycle length in this time frame is 42 bars. We have this cycle due to trough out in the latter half of September. So for an entry, you could keep this on your radar and wait until that trough forms. You could also watch the slim ribbon PO down here for a momentum continuation signal. The last one was right here uh back on August 19th and you can see it had uh given us a bull flag and then up again. So, in terms of uh monthly cycle troughs, let's go back to the monthly chart. Sometimes there's a strong upside move immediately, but sometimes it can take months to get some traction and get a move. This might be an example of the former right here. And back here, you can definitely see an example of the ladder. Either way, it can be very useful to know when these monthly cycle troughs may be forming. This is the Ask Slim homepage. If you use our investor hub, which you can find right there on your dashboard, uh you can click on this option right here called monthly cycle timing. It is going to pull up a calendar and um inside this calendar are the investor hub symbols that are inside their monthly cycle timing for each month that we have shown here. The symbols in yellow are just entering their monthly cycle timing windows and the others have been in their timing window for a month or more already. And all of these are good ones to keep your eye on. Here's XME right here. Um, it can also be useful to see what's coming out in uh the months ahead, what's coming into timing because those symbols may begin to show weakness. So, I hope you found this video informative. If you have questions or feedback, please don't hesitate to get in touch with me via email at katieaskslim.com or on our Discord server. Thanks. Okay, great job Katie. Thank you so much for that. Let's go ahead and hop over to the next segment. And for this segment, what we will do is, as I said, we will look at a mini stock sectors on the cyber security stocks, symbol CIBR. As part of this, we will look at our ASL slim level four indicators that if you're interested in, you can actually get overlaid onto your own charts within Thinkorswim. [snorts] And uh overall I think you will find this segment really very interesting because uh as as we all know the CIBR names uh have been super strong and have been for many many months and we're we are now seeing a very subtle shift uh that is happening here and uh I I you know obviously did want to highlight that for everybody here in market week. So let's go ahead and hop into it. So on the left side of this window that you're all seeing, we have the Aslim Market conditions monitor pro version uh which you would have access to as a level four member. Please note that uh in the pro version you can be notified of shifting trade setup bias conditions and we have now hundreds of symbols inside of the ASIM MCM. Uh so it's super useful to track when underlyings that you are interested in are undergoing a shift. Uh and so that way you are able to really track many symbols obviously at once without having to literally have them on your chart. Uh we also filter by time frame. You can see we have the intermediate term which uses monthly, weekly and daily data. short-term, weekly, daily, 2h hour, near-term, daily, 2 hour, 15 minute, and then intraday, 2 hour, 15 minute, and 3 minute. So, uh, really trying to cover all of our bases here in terms of whatever time frame you personally have. All right, so on the right side, we have our weekly, daily, and two-hour charts here. In this case for the CIBR and we have our ASIM level four indicators overlaid on the chart. You will note that as a level four member, you also get to put these charts right on your think platform with all of our indicators on there as well. So let's go ahead and hop into the weekly for CIBR. So what's really interesting here on CIBR is that we have been in this rising phase. You're seeing that every flag has turned up meaningfully on the upside and led to new highs. This one here so far is still looking like a flag. So there is still a chance of an incremental new high. But if you look at the overall translation in terms of where we are relative u to that idealized cycle, we are getting later. Okay. So we have to be watching closely to see if this is going to in fact turn and and we would see it first on shorter time frames of course. Right now our Aslam RS indicator on the weekly which we use to to help to understand phasing has been positive throughout this whole period. 97 to around 112 is when that low is due. On the upside we have 9872 10277. Then we have a 78.6 fib all the way up there at about 10854. If we now hop over to the short term. Now this is shifted left just ever so slightly. So let me adjust that. uh we have a low that formed here and then we got into a rising phase. You can see this was the the earnings day actually in CIBR and overall the action is still solid here uh in the CIBR working its way higher. Uh the RS is minorly negative. The slim ribbon is now positive. At the bottom we have our slim ribbon PO indicator which helps to give those follow-through signals just like what you saw back here, right? You can see how it sold off and then gave you a bullish move out of the oversold region that led to that really nice move out of out of there. Okay? And you want to use it when the EMAs are in parallel either on the upside or on the downside. That's when you will have the best signals. Okay? So I do want to make sure that that that is clear. Okay. So now you can see that where are we right? We have the PO indicator in the overbought region. Don't put a lot of weight on that right now. It doesn't really add any specific value at this second because you're in an uptrend, right? The EMAs are just now turning back to the upside. So, you only want to look at the over the um the overbought when you have all three EMAs in parallel on the downside and you're seeing the PO get into overbought. It'll be red and then it would give you a bearish signal. That's when you have more valid signals uh on the downside. Okay, so that's why we have actually modified this indicator so that way it's only giving you signals that really matter. Okay, that's really the overall goal here. So you would not see if this comes out of the overbought region, you would not see any red arrow trigger. Okay, so uh that's uh how we have actually set up this indicator is to just try to filter to show you the signals that have relevance and hide the ones that don't have relevance. Okay. So, uh at the bottom of the chart, we have our AS slim option bias indicator. Again, this uh this has the overall goal of giving you as it says here, the overall bias if you are a swing option trader holding for a few weeks, right? That's really the overall time frame for this indicator. And you can see this has been green basically this entire way ever since 420 of 2026. So, a very long period of time. just really brief windows where it went yellow just like here and just like here but outside of that this has been positive and frankly it still is uh here in the OBI if we look at our areas up here 10331 to 10663 and let's also jump over now to the 2hour so on the 2-hour we have our as slim RS indicator here which is this green and purple line we then overlay the slim ribbon here which is the 813 and 21 EMAs. You see the same ASL slim PO indicator here at the bottom and then all the way at the bottom you you have the AS slim market condition indicator which is much more of an intermediate term time frame indicator. When it's green it is it is positive and what we've done and what Slim has done really uh which was really interesting is he created this area called the swing zone. Okay, which is the zone from plus 25 to minus 255. You watch when the ASLM MCI gets into the top of the swing zone and you will see it in a number of underlings that we're actually going to highlight here where it moves down and then it turns back to the upside. That's actually a bullish signal. So often times when you see the Aslam MCI getting into the top of the swing zone, you'll see the underlying hold as support. So I I will highlight that, but that's really what happened here. You see how it moved to the upper end and then started to turn up right when the underlying formed its low. So that isn't by accident. It's a really amazing indicator that he that uh he actually built many many years ago. Okay, so that's where we are right now uh here in CIBR. The overall bias is still positive across all time frames. But what I want to highlight here on the uh on the short term is watch that low at 9112. If that low is violated at any point, that would really shift things here uh for the CIBR. But in the interim, overall cycle structures are still forming higher cycle highs and higher cycle lows throughout this this whole time period, which has us still looking at higher levels. Again, this could easily go up into that zone from 10330 to 10660 or so. Only a loss of this level would turn things down. Okay, let's go ahead and jump over now uh to some of the top holdings. First one is PNW. And I want to also show you here on the left uh the Assim market conditions monitor. Okay, so you can just type in a symbol and you can see in this case the short-term bias. I can change to whatever time frame you want, but for now I'll just be looking at short-term and you can see in PNW it is neutral. So now let's go ahead and hop over uh to the charts on the weekly time frame. Again, rising phase that has been going on for for quite some time here, but still holding up. Seeing a little bit of stalling, however, versus this zone from 379 up to around 414. 9:14 to around 112 is when that low is due. Short-term bullish cycle structure throughout. We have the 78.6 at around 38364. You have the old highs at about 399 and you have areas above that of course at 418 to to 442. These areas up here were drawn from this cycle low to that cycle high to that cycle low. All right. So still you know still good action. Now this has earnings to also deal with. So you have to be you know be aware obviously anything can happen after earnings. Uh but let's go ahead and hop over to the short term. So this is getting interesting right? We just highlighted the ASLM MCI test of the swing zone setup. Look at what happened back here, right? This is back in 729. A move that was positive in the ASL slim MCI which uses multiple time frames to come up with a some of the evidence condition for the underlying. It was it has been bullish for a long time. Then it sold off down here. And look at what happened. It moved right to the upper end of that swing zone and started to turn. What happened with the underlying? It turned right there. What's happening right now? It's doing the exact same thing. Moving right back to that swing zone, trying to turn up. So, uh, a really interesting indicator uh, to be watching for both as it moves versus that swing zone either on the upside or on the downside. By the way, same thing. You'll also want to be aware of crosses that happen in the MCI swing zone. Meaning, if it goes from bearish to bullish like that, that's called a bullish cross. And on the downside, a bearish cross. Again, we have a ton of documentation on this uh to help to understand these overall setups. you know, at at the highest level, those are some of the most interesting setups that happen uh in the MCI to watch for. Okay? Uh and you know, obviously when it's very very strong or very very weak, that also gives you good information, right? Like this one got positive back here on 427 and look at how it just held ever since then. This entire time period held close to 100, right? And look at the move that happened during during that time. It didn't get shaken out by things like this, right? What was happening with the MCI during that time. It it barely drifted, right? So it helps to give you a sense for how strong that underlying really is too. Okay? And obviously that's on the upside or on the downside. So just a fabulous indicator. So right now, you know, the RS is positive on the 2hour as is the slim ribbon dip. buyers came in as it moved into that gap. So, holding up still very, very well here as well in PanW. Let's go ahead and jump over to FT&T and we will type in FTNT to see that bias here. You can see on the short term also neutral. Now, FTNT a little bit interesting here because you can see it is forming what Slim likes to call high waves where it is trying to move up and is getting a little bit of stalling. Uh we have a low here that's do 97 around 119. RS is also negative a little bit right it's uh slightly bearish there on um in terms of that angle. So just something to be aware of a little bit weaker versus what we just saw in PANW. It also had a move down held above that old high and has since made a higher high. So the overall cycle structures are still positive in FT&T. Okay. So acting pretty well. Uh 17051 17657 and then 18427. You have this old low now at 148.25. Only a loss of that level would would be negative. You will note that the ASL slim option bias indicator has really been holding yellow here. So that's something to be aware of. uh more of a neutral state for now uh as per the option bias indicator. Now, what you'll also see here is the Aslam MCI is a little weaker, right? Uh, this is sitting right at the upper end of that swing zone. But look at that same setup that happened right here. Pretty amazing. It moved down. The MCI moved right to the upper end of that swing zone, held and turned up. So, really great turn that happened at the same time that the MCI went into that plus 25 area. So that's why it's really worth keeping this on your chart uh to understand when you could be at one of those key turns, right? Uh so right now uh the overall bias of course is up on the 2hour with the RS positive as is the slim ribbon and the AS slim PO is also starting to get close to that oversold area. So you can be watching to see if this gives you a follow-through signal on the upside just like what you saw back here. By the way, look at these signals. EMAs are are in parallel. Bullish signal here, bullish signal here. Each of which led to some decent follow-through on shorter time frames. So again, try to use it when it's in parallel. That's when the PO will give you the best information. All right, let's go ahead and hop over now to CRWD. And this is also holding up so far pretty well. RS has been positive on the intermediate term. I want to obviously also show you what's happening on the MCM. So on the short term it is neutral. Uh so just kind of holding in here. So that's something to be aware of. Uh there's a low that is due 914 to about 1026. Um I just want to also share with you that the areas up here 223 to around 24166. Short-term bullish cycle structure. This one formed as low again right on time 821 to 8:31. We actually do highlight this in in office hours uh quite regularly as uh we have members who ask about this underlying you know fairly often. So uh that's one other thing I also want to highlight is in office hours which we host every Thursday you can ask questions about charts that you are interested in and we highlight everything from the overall context of filtering trades and understanding when there's a real setup that's happening versus when it's just noise, right? and trying to hone in and and isolate those individual trade setups and get really granular in terms of what you're actually looking for, right? Uh so that's something else I also wanted to highlight. Level four members can ask for actually for up to two three symbols per week there. So uh just uh a little side note, what's happening right now in CRWD is still solid. You know, you have 223 up to uh 23460, 1272 at about 249. So action is solid and has been for a while. RS is just mildly red. I would not put a lot of weight on that right now. Given uh the overall uptrend this thing has been in for a while. It needs to lose this low at 181 to give you any sign of change cuz that would be a cycle breakdown if that were to occur. But we aren't there yet. We simply are not there yet. Finally, let's shift over to the 2hour and look the same setup that we just saw in FT&T. It happened in CRWD2. Isn't that interesting that we saw the same setup in the same group at the same time across two different underlyings? I I think that is something that we need to also surface. So again, watch watch the underlyings in a group. If you overlay the ASIM MCI there, right, and you see a move back to the upper end of that swing zone like we saw here in multiple underlyings at the same time, that's giving you a message. Then you watch how that actually turns up out of that little base on the two RS turned up, slim ribbon turned up. Like, you know, these are all inputs that should go into your overall narrative behind the setup that that was there. Uh so that's where we are. And um you will know where that happened. That happened also off of that last daily trough. So again, you had multiple things aligning. That's really what you're looking for right now. The RS is positive as is the slim ribbon action is fine. We have just moved back out of the swing zone in the MCI and the slim ribbon PO is just getting into that oversold area. So we'll be watching for that to try to turn its way back up shortly. Okay, let's jump over now uh to CSCO. This is also part of the top holdings although you can see it is much different. COC uh CSCO is also neutral in the ASLM MCM. Uh CSCO is also uh showing as a neutral shorter time frame bias. And on the weekly chart 914 to around 119 is is is when that low is due. Look at how the RS has been holding red for a while now. 10843 to 10162 is when that low is due. This looks a lot like AVGO. Obviously, I know that they are in different spaces, but you know, generally speaking, the overall timing is aligning uh fairly well on the intermediate term with a low that's not due here for a little bit. Uh so, it says, you know, rally attempts are likely to work their way a little bit lower. Uh jump over to the short term, 92 to about 911. Obviously, a ton of relative weakness in Cisco. This also has a bearish earnings gap that it's uh that it's actually dealing with here. Pretty good odds of a move back to these old lows at around 10753. Then just below that, you have 10676 at 10187. Okay. And finally, let's shift over uh to the 2hour time frame. And this is what is called a bearish cross in the ASIM MCI. Okay. Uh you're seeing that right here where you moved from positive back through the swing zone to negative. Okay, that's more negative uh for the ASLM MCI. So that's a tip in in the hat uh on the bare side here uh for the uh for the CSCO. And we're going to be looking at this as a earnings gap down bare flag setup uh for lower uh here in the shorter time frames. RS is close to actually turning red and Slim Ribbon is also really neutral. So it's it's in need of a little bit of a bearish trigger to likely see one final move down in the short term. Okay, so that's look there at Cisco. Finally, let's hop over to AVGO. Type in AVGO is also showing up you can see as neutral here and a lot of neutral readings here from the ASL MCM. Uh AVGO has seen the RS turn its way slightly down again. 97 to around 1026 347 to around 320 380 are the closest levels down. Uh so obviously it has been showing a lot of weakness uh in the semis uh group and you can see it right here as it just continues to form these series of incremental lower highs and lower lows. Short-term now shortterm it had a low that was due here 817 to around 827 and you can see how this had these equal lows give you a little bit of an undercut and then rally for a pop. Now this unfortunately does have earnings here. It says 92 in the after hours again. Please use other sources as thinkers is not always right on those. Please use other sources to confirm that we're going to be watching to see if this can give one more move on the downside. That next trough is due out in the October time period uh for AVGO. 381 to around 401 is the 382 to uh to the 61.8. If it's able to move through 401, that would significantly raise the odds that you are looking at uh an intermediate term low. And then if it starts to move through the 78.6 at about 4:15, well, you actually have a really interesting long setup on your hands. So just be aware of these things like these things will change, right? Every bar as it forms will give you new information that changes odds and we have to be willing to reassess those odds. Finally, we'll shift over to the 2-hour time frame. AVGO, this was the other setup. Look at what happened here. You were actually bearish. You moved to the upper end of that swing zone, stalled. Where did it stall? It stalled right there in terms of price right there. And then you started to roll your way back down. You can see that was a pretty meaningful move down. And look at the bearish signals coming out of the PO right here on the 2hour right here. Right? And that led to some nice followthrough. Look at how the EMAs are in parallel. I know I'm trying to highlight these things so that way it can help you to hone in on those individual setups. Same thing here. all EMAs in parallel, bare signal on the PO and that led to some follow-through down. So, uh again, try to use it primarily when things are in parallel so that way you can get clearer signals. All right, so that's a look there uh at AVGO. Okay, so that's a look at the cyber security names. Generally speaking, uh the rising phases on both the intermediate term and short-term are still intact. Watch the most recent swing lows closely in names like PNW, FT&T, CR, WD, those names which have been leaders and and really still are. That is your key line in the sand on the downside to say that there is something else happening here. Uh but in the interim action uh has been solid. Okay, so now let's go ahead and hop into our level four special offer. Uh this is our ASL slim top tier special offer. Buy two months get one free. You get access to the Alim market conditions monitor pro version which gives you desktop level notifications across hundreds of stocks and throughout both intermediate term, short-term, near-term and intraday time frames. You get access to our ask some focus lists of 84 of the most liquid names. We are going to be widening that here as well to offer you uh more broad access that is coming. Just as a heads up, we get access to the AS slim custom indicators, Slim Ribbon, Slim Rim PO, Reversal Scout, MCI Option Bias Indicator, and more. You get access to the ASL slim thinker grid archive. So, we we share charts for level four members throughout the week. You you can see those charts and actually download those weekly and daily cycles right to your ThinkersW platforms. And finally, you get access to the Ask Slim Q&A on Discord and that includes office hours and more, of course. And all of that is uh offered to you as part of our level four membership. Again, this is our top tier membership. Our goal is to provide you the best tools, the best support uh that we can, right? Uh so, we hope that you take advantage of this. If you're interested, please write to mattasim.com for info. If you want to sign up, go to the aslim.com website, top right hand corner, click on the special level four offer button uh to sign up there. And the last thing we want to cover, of course, is the ASL stock market outlook S&P. Okay, so this is the ASLM stock market outlook S&P 500 SPX for Friday, August 28th, 2026. Let's go ahead and hop into the charts. This is our grid that we actually share with level four members uh where you can see our S&P uh and NDX and RUT analysis. Let's first uh show you the S&P, which is what we're going to be honing in on in this video. Uh there's a low here that was due 810 to right around 9:14. It is still possible that that formed early. We'll have to see. The RS indicator on the intermediate term is up. Okay, so that is where the overall bias is really leaning towards is still to the upside. Jump over to the short term and in the short term, you can see that the ASM OBI has been positive here, holding up throughout this minor pullback. We are moving through some of these lower areas. So, what we're going to go ahead and do is bring over the 78.6 so you can see it at 7779. You have the old highs at 7816. only a loss of this low now at 7638 would be a bearish breakdown. Absent of that the action is okay and uh you can you know overall still be looking for a try towards highs. Again always be thinking about both sides of the market. If you draw in your fibs from cycle low cycle high to that low right there you have 7830 to 78.889. Those are the closest levels on the upside. Our next trough is due 9:15 to right around 9:22. You know, uh it is also key to surface that we are getting into a seasonality period especially ahead of midterms which is a little bit weaker. Now I take that with a grain of salt but I do want to surface it because if you do see weakness in a time period where seasonality there is a little bit of weakness that is typical, right? That is something that we can be aware of. But, you know, just due to there being negative seasonality, that's not going to keep me out of long trades, you know. Uh, so we always have to let the charts talk to us and let the indicators really be our guide and obviously also as always follow our key swing highs and swing lows. until those are actually violated, you know, you can't uh really have any uh any obvious structure behind a trade to the short side, right? So that's really where uh I am right now uh is really still honing in on what things are acting better and you know there have been some interesting areas such as the IGV um of late which are you know certainly doing very very well and you know until we see an obvious shift under the hood across sectors that are really aligning and then we see a breakdown in some of the indexes uh cycle structures. the action is un is undeniably still positive. Okay, so that is where we are right now uh for the S&P on the daily bar. Let's go ahead and hop over to the 2-hour. Now, what Slim has done here is he's actually turned this into an area chart where it is green when you see the EMAs on the upside in parallel. It is purple when it is mixed and it is red when they get aligned on the downside. And right now obviously we are back in parallel to the upside and on the shortest time frame which is the 2hour. Please note the ASLM MCI does use the 2hour as part of its calculation but it actually looks at much longer time frames. Part of how ThinkSwim uh does their think code is that you have to overlay the indicator on the shortest time frame uh of its inputs. So that's only reason it's on the 2hour. The action has been decent. This got close to the swing zone and has since turned up a little bit ahead of it. RS is positive. Slim Ribbon is positive. So, you've got those old highs on radar at 7816. Again, watch that low very, very closely. 7638 on the downside to give you some indications of change. Okay, so that's where we are right now. Uh using our ASL slim level four index grid. Okay, so that is our stock market outlook for the S&P 500 for August 28th, 2026. I just want to remind you that uh you can take advantage of our level four special offer, buy two months, get one free. Uh you get access to all of our tools, support that we can offer you. This is uh only valid for firsttime users only. Uh and so uh just uh please be aware of that. If you have any questions, please write to mattslim.com. If you are interested in in signing up, please go ahead to the alim level four special offer uh in the aslim.com website top right hand corner. Click that button and you can sign up there. And that is our Aslim stock market brief for Friday, August 28, 2026. As always, if you have any questions or comments, please let me know. Thank you again and have a good day.

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