This is certainly not my usual late Friday market analysis, but it needs to be brought to everyone's attention, just in case. Black Monday? Anyone wondering what happened to the "imminent attack on Israel?" What is Iran waiting for? Sunday through Monday is, Tisha B'Av, a Jewish holiday that commemorates the destruction of the ancient Temples in Jerusalem. "Western intelligence sources told Sky News Arabia that they had evidence Iran plans to attack Israel on Tisha B’Av in response to the assassination of Hamas leader Ismail Haniyeh, which begins on August 12 and ends on August 13, the site reported on Friday. Link Technically speaking, the charts I have been posting all this past week still suggest the next major market event will be to the downside, including the potential for a Black Monday, worse than this past Gray Monday. Updated charts and more coming in the Weekend Update, due out tomorrow.
