Morning Ideas July 15, 2022

Good morning traders,

A bit of a push on news right after 830 this morning, but nothing has changed. Still a very murky picture. Volume all over the place, but concentrated heavily on the bottom.

I expected to see a bigger "flush" yesterday, but we just didn't quite get it. I wouldn't be surprised if we get a similar kind of move today, to the upside. I'm looking for the market to open and test higher, and likely find some resistance.

I still think that the areas to watch are 3775 and 3910.