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Strategies & Market Trends : General market lab and commentary

SPY 675.37

-1.2%

4:00 PM EST

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From: Robohogs	7/11/2016 9:08:18 AM
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Biotech opens should stick today as my readouts are still looking for top later in the week into next week PLUS new 52 week high in SPX says 1% likely quickly and Monday of July opex is worth a full percent. All in all, I expect 1+% today (my work says 50-80 bps but adjusting for all factors, I am going higher). Tomorrow likely to be lower with another push higher Wed. There may be some giveback inot Friday and a last little push early next week. That is what my data seems to say now. Jon

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