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fehro wrote:mind SPX island top.. gapping the gap.. INDEX dailies will not be pretty today
/ES bear flag.. MAJOR support at 2742.50 weekly pivot yellow line.
not sure we get a touch of top bolly, nice channel though. btd better near bottom of channel, so long above 2731 50ma daily, anything near there a good buy. best guess bumpiness until trump and putin kiss hug make up, should get a nice bounce even new highs into aug/sept.
tarriff threats have been great buy opps. no permanent damage until corporations start talking about negative future impacts publicly, maybe Fall.
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morning hourly hollow red. implication is on the top right of the chart itself.
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testing ema20 as usual, possible bear's last chance to take action, no sharp pullback here then it's uptrend day!
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