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THE STOCK MARKET UPDATE July 17, 2017

David H. Weis

The S&P held in a narrow range on extremely low volume today. After the steep run-up
from last weeks low, some lateral movement or small pullback is overdue. If a sell-off
occurs, expect support to form between the two recent highs at 2451.50 and 2445. I see no
evidence of bearish behavior as all trends remain bullish.

www.WeisOnWyckoff.com dhw@weisonwyckoff.com Tel 617.489.9155

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