We had a tiny pullback yesterday but overall it was just a flat day. NVDA pulled back put not as much as I would have liked to see, so I'm out of my shorts on it. It will likely still drop lower but I'm more interested in catching the drop in the ES/SPX, which right now appears to be setting up for AFTER the 4th of July weekend. The target is still the 588.79 FP on the SPY, which is a little over 5900 on the ES basically. If all goes as I think it will the drop will be over with in 3-4 days, so next Thursday should be the low I'd think. The faster and scarier it happens the fast the squeeze back up should be as if you want to catch both moves you want it fast as they are more powerful. As for today and tomorrow, the ideal move is for the market to go mostly sideways to stay in the tight range and make a bull flag.
Have an blessed day.
