A Short Week Starts - Market On Open, Monday 1 July
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Biggest Bigs Already On Vacation
by Alex King
The biggest of bigs have already left the building. Juniors may be toiling away on the modern distributed version of Wall Street, but they and the machines are merely carrying out instructions at this point. Expect a lower-volume week this week; markets’ opening hours are spotty through the week. There may be volatility but unless there is some major external event, I would be surprised if it is volatility with directional conviction.
So Let’s Get To Work
As always in our Market On Open notes, we deal with long- and short-term charts covering the main US equity indices - that’s the S&P500, Nasdaq-100, Dow Jones-30, and the Russell 2000 - plus bonds, volatility, oil, and key sector ETFs. You can use these daily notes to help you navigate long-term investments, and/or to help you action short-term trading. Any paid-tier subscription here gets you these notes every trading day.
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Read on!