US Markets Find Support With Q2 Earnings

US Equities markets are finding support with relatively strong Q2 earnings. This SPY chart shows what I believe is the critical support zone. Watch for capital to migrate away from certain growth sectors and into more value/dividend sectors as capital is searching for a safe location to avoid contagion issues arising from global debt/credit concerns.

Expect the US markets to stall, briefly, through August and early Sept, then begin to rocket higher into the end of 2018.

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