Market Report Jul 07 2022

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Market Report for Jul 07 2022

S&P 500 and Nasdaq Daily Charts

Stock Market Price And Percent Changes

Any market enthusiasm evaporated as we awaited the Fed minutes on Wednesday which did not have anything surprising to spook the market.

Mega caps provided more in the way of support than strength in the session by not selling off.

Yesterday’s trading range was the smallest of the last four days as price remains above the support levels for the S&P 500 and Nasdaq Composite.

NFP tomorrow so as trend traders, we can go ahead and enjoy the prekend.

Let’s go trade!