Sentiment Timing – Morning Notes 7/1/2022

Futures are -16 but off the overnight lows.

So far, the range I pointed out last night is still intact.

Until we break out of this range, everything else is just noise.

Watch 3821 on the upside for a breakout and 3741 for a breakdown.

I am not seeing any buy/sell signals, so don’t get aggressive trading on either side.

That is about all I have for this morning.

Have a great long weekend and I will be in touch on Tuesday. -Gary Dean.

SPX Hourly Technicals

Stochastics: Neutral

Divergences: No Divergences  

Resistance Pivots: R1-3800 R2-3821 R3-3875

Support Pivots: S1-3741 S2-3716 S3-3695

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