Afternoon Update

Well, would you look at that! The S&P-500  (10M) Tags the neckline that I sketched in on May 26th. As pointed out in yesterday’s Wrap, it just happens to ironically, or synchronistically, align with the 50-day moving average converging on the same area at a pivotal moment… SPX (Daily w/ 50-Day SMA) Semis continue to…