First Look: 2022-07-13

Well, that was interesting. S&P 500 futures had been attempting to bounce overnight and after a small book clearing spike up to near the high from yesterday fell like a rock covering 100 plus points in about 10 minutes.

So far the wave ii idea, a higher low to the July 5th low, is hanging on by a thread. The alternate comes to the fore under 3748.25 whi…