SPX-cash (Long term view)

Our short term overshoot level @ 3007.31 and our longer term overshoot level @ 3081 are still our LT upside targets.
Some backing and filling will come along the way, so know our key levels.
A close back below the 5/1 high @ 2954.13 to sell some.
The sharply rising 20 DMA @ 2935.25
A close below our first support @ 2932.82 to sell some more.
The  50 DMA @ 2887.50 are below

Long term overbought condition is unwinding

S&P futures: (Short term view )
Our short term overshoot level @ 3023.50 is above
Our very short term bounce zone @ 2960.50-2949.50 is below and
I would buy inside the zone if given the chance.
The 20 DMA @ 2944.25 with our first long term support @ 2941.50
A CLOSE below to make sales.
Long term overbought condition is unwinding

IWM

Our very short term bounce zone @ 154.40-153.53 came very close to being tested yesterday before it bounced.                                     The 20 DMA @ 153.78 and the 50 DMA @ 153.43 are below
I would be a buyer inside the zone.
A CLOSE below the 50 DMA as ashort term exit.
No long term signal here

CRUDE
Trading above the falling 50 DMA @ 58.04 , the 200 DMA @ 58.43
and NOW inside our selling zone @ 58.60-60.49
A close above 60.49 is quite bullish.
The 20 DMA @ 56.37  with our ST bounce zone @ 55.44-54.30 are below
I would buy inside the zone if given the chance
No LT signal here  

XLF
Holding our first LT support level @ 27.58 remains bullish with the rising 20 DMA @ 27.46 and the 50 DMA @ 27.25 below.
The 7/5 high @ 28.26 and the 9/20/18 high @ 29.07 are above.
A close below first short term support @ 27.94 to make some sales.
Our ST bounce zone @ 27.58-27.41is below
No long term signal here

QQQ:   The 7/3 high @ 191.44 with our overshoot level @ 196.53 are above
Our short term bounce zone @ 188.05-187.24 and can look to buy some inside the zone.
The sharply rising 20 DMA @ 187.03 with our first LT support @ 186.21 and holding remains LT bullish.
No new long term signal here

10 year note yields
Yields are now ABOVE the falling 20 DMA @ 2.041after ticking !@ 1.951 on 7/2/19
We said “We need to see it CLOSE above the 20 DMA to look for higher yields.”
Our first bounce level @ 2.103, 50 DMA @ 2.215 with our ST selling zone @ 2.273-2.349
No new LT signal at this time

IBB
Closed back above the 200 DMA @ 107.88 BUT also back inside our  LT selling zone @ 108.04-109.98

with the 7/3 high @ 110.93 above.
The 20 DMA @ 107.27, with the 50 DMA @ 105.33 inside our ST bounce zone @ 105.39-104.07
No new LT signal at this time

FiboCryptoCall

XBTUSD (Bitcoin)
A battle of the zones has been real as the “Bitcoin Permabulls” continue to shout 20K, 50K and much higher …..
Our LT selling zone @ 11323-13256 is being tested NOW and to reduce some long exposure.
Our ST bounce zone @ 10549-9893 was also tested last week and HELD.
20 DMA @ 10730 and a close below to SELL MORE
A CLOSE back below 9800 to press sales
The rising 50 DMA @ 8811 is below
 Long term overbought condition is unwinding

SPX-cash daily chart

(Click on image to enlarge)