S&P 500 (ES) — -0.5 between 7473 support and 7540 resistance with 5/10 confidence
Cautiously bullish on Q2 earnings strength beginning to validate expectations but increasingly aware only 10% of companies reported through July 17 leaving 90% of validation ahead, expecting consolidation in 7,450-7,550 range into July 28-29 FOMC with breakout above 7,600 dependent on earnings execu