Market Outlook 06/29/2021
Low volume grind higher continues in markets as /ES and /NQ post another all-time-highs. Buy-the-dips continues to be the game to play as /ES rises 150 points from last Sunday.
Intraday Ranges continue to shrink with low volatility as evident from the SPX chart below
The last few bounce from 50 Day MA on /ES have stayed about 5-15 days in the low range i…