Market Outlook 07/08/2021
FOMC Day saw a smaller dip again and found buyers again to push it back into resistance which is yet to be breached. The weak link for markets is /RTY which is getting into some support levels and a rebound in /RTY would be the fuel needed for /ES to get to 4370.
As mentioned before, the long term resistance for /ES is 4344-4394 zone lining up with a 2x…