A.M. look 7/26/21

It’s a big week ahead with the FANG earnings and FOMC Wednesday.

Month end is Friday.

Natgas & Copper are continuing upward.

Copper remains positive after last weeks ORH.
Price action below 4.40 will have the Bulls rethink positioning.

Bitcoin took off after Bezos revealed that crypto payments were in the works for Amazon.

30 Yr.. Bonds will be a gap trade after the U.S. Pit opening.

Spoo…4362.50 is needed for a pressure relief reversal on the 50X3.

You’ll be better served looking to buy hard breaks over the next two sessions with an eye to month end markings.

Calendar wise, this is the last big week of impactful news before everyone checks out for August.

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