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The monthly chart below shows SPX managed to close the month above the middle Bollinger Band, maintained the bullish MACD, and held Money Flow steady. So, the cyclical bull market remains intact. Also, intermediate-term technical indicators, e.g. the NYSE's Summation Index, Bullish Percent Index, and Oscillator MAs, reached low enough levels in June, consistent with other cyclical bull market pullbacks, to indicate an intermediate-term bottom. However, a breakdown of those lows will lead to a larger correction or a bear market. Also, SPX had a classic October to May rally and has entered the seasonally weaker period. Consequently, a volatile trading range will likely take place over the next few months.

The daily chart below may indicate the SPX July trading range. Volume normally decreases over the summer. Major support levels are 1,253 (multi-year Fibonacci level) and 1,246 (previous support & resistance). Major resistance is 1,275 (previous support & resistance) and 1,290 (downtrend high). So, the July trading range may be between 1,246 and 1,290. There are many minor support and resistance levels within the range. A rise above 1,290 is bullish and a fall below 1,246 is bearish. Short-term technical indicators are useful (some shown be

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YSE's Summation Index, Bullish Percent Index, and Oscillator MAs, reached low enough levels in June, consistent with other cyclical bull market pullbacks, to indicate an intermediate-term bottom. However, a breakdown of those lows will lead to a larger correction or a bear market. Also, SPX had a classic October to May rally and has entered the seasonally weaker period. Consequently, a volatile trading range will likely take place over the next few months.

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correction or a bear market. Also, SPX had a classic October to May rally and has entered the seasonally weaker period. Consequently, a volatile trading range will likely take place over the next few months.

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SPX July trading range. Volume normally decreases over the summer. Major support levels are 1,253 (multi-year Fibonacci level) and 1,246 (previous support & resistance). Major resistance is 1,275 (previous support & resistance) and 1,290 (downtrend high). So, the July trading range may be between 1,246 and 1,290. There are many minor support and resistance levels within the range. A rise above 1,290 is bullish and a fall below 1,246 is bearish. Short-term technical indicators are useful (some shown b

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). So, the July trading range may be between 1,246 and 1,290. There are many minor support and resistance levels within the range. A rise above 1,290 is bullish and a fall below 1,246 is bearish. Short-term technical indicators are useful (some shown below and explained in the Option Trading Log next day and next week trading plans), along with influencial market events, which may or may not have been fully discounted.

Free charts available at PeakTrader.com Forum Index Market Forecast category.

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Strategic thinking is critical to the long-term success of businesses today. Yet, there are too many businesses that fail to invest time, money and human capital into planning for the future. So many businesses are concentrating only on the day-to-day activities in their business and are failing to create or remember a vision for the future. Some businesses work diligently to create strategic plans, business plans, integrated marketing communications plans, etc. only to leave these plans dormant on some shelf. They fail to remember that these plans are living documents, which warrant follow-through, review and updates.

If you think you are serious about the accomplishment of your online company, in that case you have to find ways to provide yourself each and every benefit so you can be above your rivalry. One approach that can roughly assure your competitors-

Want to find information about someone lost in space and time? The Internet’s here: Just make your search one that doesn’t invade someone’s privacy. Can you remember a friend or relative’s name that ...

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