#SPX = VERY Bearish Closure = 08.07.2021 #DOW #NQ $SPY #QQQ #US30 #Smallcaps #ES_F #RTY_F #NQ_F

Today ES and NQ futures made Bearish Engulfing on overbought RSI. This is VERY bearish and could signal a major reversal. The Smallcap and DJI formed nothing bullish either.

Given the combos, I would be extremely surprised if there is a green day tomorrow. As tomorrow is the end of week, there is a danger of making a strong bearish statement on the weekly time frame.
I will update tomorrow after the closure.

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