The Lord’s Prayer
Our Father, who art in heaven, hallowed be thy name. Thy Kingdom come, Thy Will be done, on earth as it is in heaven. Give us this day our daily bread and forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.
8:00 am
Note: I am going to my last radiation treatment this morning. Considering how the prior treatments went, I may not have the energy for any lengthy analysis.
Good Morning!
SPX futures decline to the trendline near 6233.00 this morning, then bounced. The 50% retracement level for the bounce is near 6260.00. It appears that, once the retracement is finished, the decline may be underway until late August. A sell signal may be had at a decline beneath 6225.00-6230.00. The attempts to encourage “buying the dips” may have drained what little liquidity is left in the market.