Sound

"Wind in the cave

Movement in stillness

Power in silence"

Yesterday I spent the day well resting and among friends.

Checklist

I visited Equinox Fitness - it is a high end gym that is extremely clean and quiet. There are no kids and it seems to consist of wealthy middle aged people.

I was invited to audition for Selenee - an abstract fashion concept for LA Fashion week. I booked a trip to audition and am ready to make a lasting impression.

I spoke to someone there who gave me much insight into living a better life. We had a thoughtful conversation and agreed that discipline is the true path to happiness and freedom.

Market Analysis:

Breakout to the downside yesterday out of a period of consolidation and close below lower bounded support trend lines suggest further movement to the downside. Price also moved below the 20 day simple moving average as well as the 50 day SMA which may suggest a more bearish picture.

Next FOMC meeting on September 19-20 has been projected to be hawkish with potential rate hikes relative to the most recent CPI publication which (according to the Bureau of Labor Statistics) had “disappointing” results with regards to controlling inflation. I’ve positioned slightly bearish to neutral.

Market Posture:

Bearish -2

Evidence:

Strong bearish impulse candle closed below symmetrical triangle trend line support.

Price below 20SMA & 50SMA

"When listening not with the ear but the spirit, one can perceive the subtle sound."