To me it appears that volatility will remain as we make our way through July for this expiration cycle at least so last night with the futures open I sold the daily ES 7600 calls for $5 and they're looking decent this morning as we go into the cash open. 

According to my turn probability summation system, the window this week with the highest likelihood of seeing a turn in or acceleration of the current trend in the DJIA stretches from about noon on Tuesday July 7th thru about noon on Thursday July 9th with the peak reading on Wednesday.

Last week neither the Monday the 29th turn window which was apparently just part of a larger window from the week before nor the Wednesday July 1st turn window shown in the marketwatch.com plot excerpt below amounted to anything, so duds.  The steady DJIA march northward continued. 

This coming week there is a peak in my weekly cycle summation which should make it at least a bit more likely that a turn of some importance will occur this week.  Several of the other indexes are showing topping chart patterns, for example see the diamond on the QQQ below.  

Regards,

Douglas

we see so far, would love to see a washout here for a gap fill. I'll probably bite. (JMHO)

https://schrts.co/fQCPHGFU

going on like that, I will have a white beard before getting to target with my longs. These are the moments I would like to be a day trader. 

https://www.youtube....rts/lAs_TWuobEY

from hadzabe tribe of Africa, probably the last true ancient hunters left on Earth 

While waiting for the financials to end their short term correction and start the next up leg, I'm enjoying youtube's videos