Monday, July 19, 2021

Morning Post 07/19/2021 SPX

Other than people getting randomly shot leaving a Nats game, news is … normal (meaning bat shit crazy new normal). 

The war wages on. Good vs evil. 

On to the lie - 

Minis off 36. That gets cash under the 20dma. But the 50 is the new 20 with them being only 30 points apart. First real support is down around 4150 near the 100.  Sadly that seems to be a minor move where normally a move to the 100 would be significant. Maybe it is and I’m ignoring it. So, we may get a 100 point slide to digest before seeing if there is anything more worth discussing (as I’ve been discussing the technical potential of since April). 

More to come below. 

Have a good day.

GL and GB!

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