Sentiment Timing – Morning Notes 7/22/2022

Futures are down marginally and that is another win for the bulls after some massive rallies this week.

Nothing has changed on my end.

I can build a great case for both the bulls/bears, but short term, the advantage goes to the bears.

There are sell signals on the 60’s and heavy resistance is not far away.

If I was forced to trade, I would be looking short today and up to 4010.

Give yourself a 1% stop and look for a test of the 3900 to take profits.

It is getting very close to the time when we see a quick drop to test support. -Gary Dean

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