Get ahead for Monday July 12, 2021
Jul 11, 2021The SPY and QQQ managed to finish the week slightly green but the IWM closed red after the big gap down on Thursday. This can be interpreted as a negative divergence which could be a reason to be a little more on the defensive. Be aware that earnings seasons start this week so that will create another dynamic to influence the market behavior and direction. Make sure you know when your holdings announce if you're not planning to hold through. Have a great start your trading week!