SP500 SUMMER BOX: During summer I expect the SP500 to range between 3250-2950. Looking at todays extension and price didn't break 3250 for now its "buy the 2950 Dip, sell the 3250 rip". Earnings kick off tomorrow and I expect at least a -30% drop in SP500 Earnings for the past quarter, but not sure if the data will rattle the markets.
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