Morning Update for Friday, 8/23/13

*For FREE lessons on the Ichimoku Cloud and how it works, check out my other blog-

http://thecloudtraderlessons.blogspot.com/

Major Support/Resistance Levels- ES

*Highlighted regions denote strong areas of support (green)/resistance (red) & mid-range level (brown)



News for the day:


New Home Sales: 10:00a


*Red highlight means the news is a market moving event;
yellow highlight means the news merits attention



 Stock of the Day:Powershares QQQ (QQQ)

ES Daily Trend: Bullish

ES Weekly Trend:  Strongly Bullish

ES Monthly Trend:  Strongly Bullish