Thursday, July 21, 2022

Morning Post 07/21/2022 SPX

Good v evil 

On to the lie - 

Minis off 10 but with a small 25 point HnS headed south. SPX now has two DMAs as possible support plus others. Indicators aren’t screaming anything either way. 4100 to 4150 should be a serious resistance hurdle to get back over. Look for and ABC or a 3 leg move to there. Unless it pukes up a lung as deserved. I got a feeling they’re doing what they can to keep from falling off another cliff. Still want 3500 to 3200 before a corrective, but may not get it. 

More to come below. 

Have a good day. 

GL and GB! 

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