A quick recap going into next week 7/5/26S&P 500SPCFD:SPXJuvenalGomezThis is for my subscribers as were going into what are my support levels and resistance levels in the charts. In my previous video I went over why i took some profits and even go as far as to reduce my exposure in the markets as a swing trader to the long side. Simply like I said in the video because were into major resistance and if the SPX wants to pull back as well as the QQQ's that tells me the money rotation we were talking about in our other videos could be short lived and its best to just be prepared for the worst. Have the capital ready to buy if the markets decide to roll over into or major levels of support, but remember even if things go to our support that alone is not good enough reason to buy we need a bullish pattern and many factors to go long. I'm still looking for beaten down names with bullish set ups in the lows, those kinds of charts to me at least have the higher chance to go up if the markets want to roll over, not the chip stocks with major breakdowns and with negative divergences at the highs. The chip stocks have to roll over considerably for me at least to even consider going long on them. Just my two cents.