The ADX and price/volume action show a strong bullish trend in place. The "correct" Elliott Wave count isn't clear (to me at least), but at least it hasn't turned bearish yet.
In case you missed it, the Fed held their annual meeting in Jackson Hole, and touched on a pretty major change in the way inflation will be viewed in the years ahead.
Near term, that probably won't change much. Long term, there are pretty big implications for investing and personal finance.
More commentary after the jump... Stock Market Outlook - Week of August 30 2020
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