The SPY & QQQ are now trading at the top of their respective resistance zones (from previous daily charts).  As I’m about to jump in the boat for a 3-day Island getaway, leaving the computer behind, I won’t be posting any additional updates until Sunday.  I don’t have the time to post any charts right now but I will point out that the SPY is just shy of a key resistance area, which is defined by the bottom of the June 20th gap as well as the 61.8% Fibonacci retracement of the most recent leg lower (6/18 highs down to the 6/24 lows, best viewed on a 60 minute chart).  That level is at the top of my daily resistance zone and continues to be a likely area where prices will reverse and continue the downtrend IMO.  If that level is cleared, that would open the door to a backtest of the recently broken ascending channel (as shown on the previous SPY daily & 4-hour charts).  I’ll follow up with some commentary after I return.  Good trading & have a nice weekend.