Market view

Been very busy over the weekend and just came back today.

Overall markets been a bit weak lately and $SPX filled a gap right at 1312.5 perfectly.

I think this was what markets has been wanting since early May before a big rally to come and as usual I think Im a bit early in and still remains long SPX 1322.

I think we have some strong upside in the markets this week and early next week so lets see if we cant begin rally soon - silver and all other commodities looks strong to me with silver up 4% today and oil up too.

Overall still looking for new highs , but time will tell how "strong our bounce/rally will be in the near term... with some window dressings included.

We really need to see some strength in markets right NOW this week - if not it may get really ugly in markets , so I expect them to make the markets bounce hard from this area by tomorrow - but again no one is 100% right and I thought we would go up from 1320 level , now we are at 1310's - but lets see if Im a little bit off before the run. It seems like we have been trading in a bull flag since 1370's but we really need to get going very soon.

Still remain heavy long and looking for some short term strength

Have a nice day