7/8/2018 Total market view: "But right now I have to be pretty bullish here and simply thinking the since SPX just held major support it is likely heading to major resistance, and that level is 2830."

That was written at 2760. Base case since 7/8 has been a move to SPX 2820-30 and that is a lot closer to happening. The next big question is what happens at that resistance cluster (QR1 / YR1).

VIX closed fractionally below the YP today, joining VXX below all pivots. If that condition maintains we might even think that SPX will clear the 2820-30 area. Glad the target area is approaching; now the task will be to assess the likelihood of a decent trading turn. For now tag of 2820-30 on track.

SPX and VIX below.