S&P 500 (ES) — Market may be underestimating significance of breadth deterioration (41.3%…
Cautiously bullish on Q2 earnings strength and technical momentum above key moving averages, expecting Monday July 13 financial sector reports to validate 23.3% growth trajectory enabling grind toward 7,650-7,700 resistance, yet increasingly aware breadth deterioration and put/call 0.55 complacency