NFLX Reinforces Potential for August 26/27 Low in Stocks; Projects Rally into ????

08/28/19 Weekly Re-Lay Alert – NFLX & Range-Trading Targets: “The Aug. 30 close (and price action leading into that) has many reasons to be decisive.  The weekly trend pattern is a primary one.

Another is the daily 21 MAC.  After Aug. 30, the inversely-correlated daily 21 MARC will plunge during the first week of Sept.  That ushers in a prime opportunity for the daily 21 MAC to turn up – and support corresponding price action…

And this is where NFLX could play another leading role.  If it signals a reversal higher in the coming days, with a daily close above xxx.0, it would likely spur a rebound back to ~xxx.0 (range-trading target) and into a convergence of daily and weekly cycles – most synergistic on Sept. xx – xx.


NFLX reinforcing likelihood for rally in stocks after Aug. 26/27 cycle low.  Identifies likely time for next intermediate peak.  How far could stocks rally?  When is next intermediate peak expected??

Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.