HGSI DOC Top Down Review 8.9.2015

August 9, 2015Dr. Jeffrey ScottJeffrey Scott

The market is at a critical junction as the ES and NQ are at major support, the DOW and RUT have dropped below their 200 day MA while breadth continues to narrow.

The market is getting increasingly oversold in short term and the DOW has been down 7 days in a row.

Thus I have broken my thoughts into short and longer term. I am expecting a bounce early in the week but in this quiet period of August I am not expecting much of a rally. The question is whether the ES / NQ take us higher or do the RUT and DOW bring the market down with them

Please join me on my video mission to assess the state of current markets from my Top Down Approach.

Jeffrey

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About the Author

Dr. Jeffrey A. Scott is a successful oncologist, serial entrepreneur, investor and HGSI Investment Software power user who leads HGSI's Webinar Series. He has been an active investor since the early 1990's. In addition to presenting to new HGSI users, Jeffrey also hosts a monthly online advanced users group. Jeffrey has used HGSI since its launch and was a user of its predecessor, Industry Monitors. He considers himself a swing trader but uses various strategies for different accounts. He also considers himself a top down investor, being influenced by market direction and group strength, perhaps more than individual stock characteristics. Following his entrepreneurial spirit, Dr. Scott left practice in 2003 and has since founded several companies in the healthcare space.

The last upgrade was literally an unbelievable surprise. When one knows how to use HGSI, there is almost nothing it can’t do that needs to be done.

Tom Watkins

I strongly urge you to view some of the step-by-step movies that Ron Brown has prepared. They are excellent in showing anyone how best to use HGSI and opening one’s eyes to a wide variety of stock market trading ideas.

Paul N. Carlin

George, Thank you very much for your insightful and friendly response. One of the reasons I appreciated your response so much is the lack of absolutes and the balance with it. I get very tired with most of the response I hear over the web that indicate absolutes…

Lu Bullock

HGSI DOC Top Down Review 8.9.2015

HGSI DOC Top Down Review 8.9.2015

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