7/10: The Sigma Whole Market Index failed on its resistance

The Sigma Whole Market Index was unable to move above its pink horizontal resistance.This is not a good signal, it is very important to move above this level in coming days.

We have the same situation on the S&P Small Cap 600. This is something to monitor in coming sessions.

There is no new information coming from our indicators. The Sigma Trend Index remains at '-10'.

The ST model computed new stop levels on most of our positions:

Short Term Trading Book:
 

- SPX: long at 1968.4 (stop @ 1919, 3pts below the ST model to take into account bid/ask spread)

- NDX: long at 4029.64(stop @ 3904, 5pts below the ST model to take into account bid/ask spread)

- CAC: long at 4292.5 (stop @ 4157, 5pts below the ST model to take into account bid/ask spread)

- EStox: long at 3153.48 (stop @ 3065, 5pts below the ST model to take into account bid/ask spread)

- DAX:  long at 9264.45(stop @ 8910 10pts below the ST model to take into account bid/ask spread)

- IBEX: no position at this stage (according to our model, stop would be at 10469)