The Day Ahead: PM Edition 2022-06-28

Bad news is taken as bad against resist

NYSE Composite

I’m going to start with NYA and SPX this evening as that is what I have been thinking about the most. The day started off well enough with a push up to a new high on the swing but fell apart after 10am. At the time, I thought that it might be a ‘b’ wave type high in S&P 500 futures so was watching targets for a possible ‘c’ but the market …