It was another odd day in the markets. The S&P was overall up on the day but vary few trades actually surfaced. One thing to watch out for that we have touched on is defining the trend. Currently the market is extremely difficult to define as we enter the second half of the year.
More news comes out tomorrow morning on pending home sales and of course we have more supreme court rulings on Thursday.
Keep an eye out for trend reversals like the one today when a Dogi formed at the top Bolinger Band. The Dogi is only as strong as the last bar. The last bar was a large green on meaning there is a strong chance that price will head the other way.
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