First Look: 2021-07-27

S&P 500 futures fell overnight in a three wave form to test initial support at 4397.00 in the early morning. From that low around 4am Eastern, there has been a three wave advance prior to the NY open. I wonder if there is a choppy morning where it is possible that 4397.00 or even lower support at 4376.25 is tested before a move up late in the day. All …