Mike

[Jason @3PeaksTrading]

$SPX potential scenario into August and late summer if price action falters more. The price symmetry of the June decline would be matched at 7194 but the 1.618% fib extension lower of that topping range would target 6957 and line up with the 200 EMA and near big 7000 round number while also larger volume profile support and the 50% retracement of the whole rally since March.

The main question is if they jam it higher first one more time to trap longs into 7600 or not. Today had every chance to hold the gap up and go higher but failed.

https://t.co/1VO7LuyPo4

[Finom Group @GroupFinom]

Our former quantitative analysis delivered as we expected with $SPX above 7,371 on July 17. We began offering the outlook May 2026 btw.

New quantitative analysis projects SPX to close above 7,562 on Oct 16, 2026.

All manner of quantifying price trend and fund flow seasonality goes into our perfect track record.

$SPY $QQQ $NYA $RUT $DIA $AAPL $NVDA $GOOGL $SMH $META $AMZN $VIX

[Joe Kunkle @OptionsHawk]

Semis (SOXX) 7500 August $580 calls were buying that dip for $14M

[Finom Group @GroupFinom]

This is why we recognize/track the Cycle Composite:

$SPX 2026's actual price trend is now at the same price in time with the 2026 Cycle Composite.

Also, the 4-year Cycle (Midterm Year) also projects a surge in August, before giving way.

*Trend is more important than level, not to be used in isolation but in conjunction with other disciplines*

$ES_F $SPY $QQQ $NDX $COMPQ $GOOGL $SPCX

[Zenolytics @AMeshkati]

This earnings season is going to reveal that much of what investors thought was fundamentally wrong with growth names was simply a function of massive flows chasing semis, specifically memory.

The psychological snapback and subsequent overcorrection to the upside may just carry us through most of Q3.

[Jason @3PeaksTrading]

Market Seasonality starts to matter more after July options expire as the typical late summer chop and volatility can lurk.

Looking at the seasonal odds of an up day over the next 3 weeks shows this week the most bullish so would expect any dips to get bought still into 7/20 or so. We have VIX expiration after this week on 7/22 and seasonal odds start t weaken just about then with the last week of July less stronger.

As for this week of OPEX upcoming, the Monday before expiration has been up 17 of the last 22 years on the Dow by more mixed on the Nasdaq.