201607.05
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WDC Forecast 7/5/16

  Western Digital Corp. (NASDAQ:WDC) has been pounded by the Brexit selling and this has taken price back down into the Ivory zone. We will be watching to see how this stock reacts to this liquidity pool, and will take long exposure once this wave of selling confirms that it has exhausted itself.

201607.05
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12

SPY Forecast 7/5/16

  The S&P 500 index proxy (SPY) sold off hard as a result of the “Brexit” vote, then formed a 100% retracement. We still see one last phase of bullish energy, perhaps driven by central bank intervention before this market can top out for good. We are monitoring the situation and will update you as…