As I type, ES touched 3200.
a lot of technical damage with what looks like a follow thru on tech sell off after Intel after hours disappointed knocking one of my top 5 generals Down 8%. Amazon and apple yesterday. Cisco Intel Microsoft today.
we are back to a ST sell, but I will become truly bearish if 3190 is broken and we close below it today.
we bounce back to ES 3240-50.
if the bulls can hold today and rotate from tech to ‘Value’, we test 3280 again into August.
break of 3190. I add short.
at the moment I am long Vix etf looking for a long entry with stop around 3190
Edited by salam, 24 July 2020 - 03:20 AM.