The first half of the trading year is now in the books.
The SPY, QQQ, and DIA closed out the quarter with an inside week.
Sellers had their opportunity to drag the indices down but by mid-week, the downside momentum had waned and buyers held strong to close out the week on a strong note and melting VXX back into its previous all-time lows.
This week begins the start of Q3 and we’ll want to be paying attention to see how price trades around that weekly/monthly/quarterly open.
In this week’s video, we look at the technical outlook for the VXXB SPY QQQ IWM DIA TLT GLD XAUUSD USDCAD GDX GDXJ BTCUSD TOTAL UKOIL EEM TWTR FB AAPL NFLX GOOG for the week of July 1 – 5, 2019 and examine what we can expect for Q3.