7-08-2024

8:10 am. Future up, SPY+0.55. Today signal is bullish will turn bearish, should open top down. Will it back to green? I don’t see it, may back to 554 to closed for the day.
It seems likely will pull down to 552-551, if breakdown 551 to 550-549. high 555.50-556.
Trade for today, should it run up after market open, short SPY to 552-551, may wait it settle the low long it for swing.
I have power outrage here, can’t do much reading. early reading certian indicated market will go down. So I will look for SPY high 555.50-556 >>> 552-551. breakdown will go down to 549-548.
Good luck.

Posted in Uncategorized.