Monday, July 24, 2023

Morning Post 07/24/2023 SPX

So many narratives. Mostly rebranded. 

Good v evil 

On to the lie - 

Minis up 10. Sitting 25 points under 4600 resistance. All we can do is wait on the Fed. Months ago some forecasted liquidity to end in August and others in October. I’d speculate it’ll never end till they break the machine. Who knows? Till then, I’m gonna call consolidation. Have not determined support or resistance levels yet. Possibly the least committed I’ve been to calling market levels in quite some time. I do lean more south here. 

More to come below. 

Have a good day. 

GL and GB! 


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