$SPY ran too much at the open, and so far 135.76 is resistance # 3, so I do think we might sell into the close. Please be careful with any longs. I do think that if you did not get long yesterday, you may be chasing today. Remember that according to the $NYMO (McClellan Oscillator) we are currently at neutral. And that gives us plenty of space to chop either way, until July 20th European economic+nice dinner meeting.
I really think less is more today.
May you all enjoy the rest of your day.
