Energy likely to lead commodities down into late September before bottoming

Bottom line, Equity markets are likely to stabilize and turn higher next week.  $SPX fell below its 50% price retracement area of the June-August bounce, yet time factors show the beginning of September to be strong in providing some support to weakness. As discussed yesterday many prior low to high and high to low swings project to this time as being important, and technically markets should try to make a stand and rally into mid-September.  While many ha...

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