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Vaccination Inflation- Is It Real or Is It Pump and Dump 7/15/20 – UPDATE 10:00 AM ET

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5 day cycle projection 3235.  2-3 day cycle projection 3240.

UPDATE 8:30 AM ET

Testing the June 3 high here. Unfortunately for bears, the daily chart indicators look well positioned for a breakout, with the target today being trend resistance at 3265-70. The threat of a breakout will be present for as long as the ES remains above 3180.

UPDATE 10:00 AM ET

5 day cycle oscillator sell signals but trend channel intact. Needs to break 3214.

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