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Market Prep: Week of July 4, 2022

Happy (Early) Independence Day, Traderaders! I sincerely hope everyone is able to enjoy the long weekend spending time with friends & family. Just like the trading week ahead of us, my Market Prep will be short and sweet, mainly because not much happened last week...again. It's getting weird saying that so many times, but the charts don't lie: The S&P500 is clearly struggling to make up its mind. As day traders, that's not necessarily a bad thing, we've had some great technical trading recently. However, it's becoming increasingly frustrating for swing traders and investors. Many of the levels and setups from last week's Market Prep (https://www.traderade.com/post/market-prep-week-of-june-27-2022) are still valid, but I'll try to add a few more thoughts for the week ahead.