A.M. Look 7/15/26

Oil has rolled to Sept. Spoos can’t get high enough for a long-term PNF upside breakout.

Today’s sell stops are @ 7571.75.

The two levels I’m keying off of the rest of the week are SOXL 150 +- which is the qtrly balance and momentum line.

EWY…Korea’s weekly hold level is 165 ish, below you’re looking for the mid to low 130’s.

Nasd risk spreads are flirting with their respective 50 days and qtrly pivot levels.

NO selling weakness! Platinum, which had been leading on the metals spreads, rallied to nowhere.

Platinum will require all new strength over 1750 to go anywhere.

You have another month before the metals can form up.

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