ES Morning Update July 9th 2026
The market is frustrating both bulls looking for a breakout and bears looking for a breakdown. But a big move is coming soon, and there’s very high odds it’s to the downside. The ES hit a rising trendline yesterday morning in the futures and bounced off it into the open and then chopped around all day. This rising trendline has a falling trendline overhead, which together make a triangle pattern.
Once it breaks down the fall should be fast, and that breakdown should occur next week. Prior cycles show a bounce is possible from yesterday into Monday the 13th, but I doubt if it’s a whole lot. Most likely it’s just a move up to hit the lower falling trendline, which would be around 7590 if hit today, or slightly lower if hit Friday. I really don’t think it will drag into Monday, but it’s possible.
I suspect they will top it into Friday to lure in the last bull looking for a breakout, and shake out the last bear looking for a breakdown. That way they can use the weekend to release some kind of negative news so that Monday opens with a gap down. The bears will have missed it, and the bulls will be trapped long.
The drop should be scary as we should hit the 7000′s by Thursday the 16th, where we could see the 692 FP on the SPY hit? Or that target is saved for the 23rd where the last low should be at, with a bounce after the 16th for a few days, followed by a capitulation flush out into the 23rd to hit the FP. It could hit the FP on the 16th though… that’s certainly possible.
If so, the 23rd will be a higher low, but either way the move that will come out of the low on the 23rd will be a major one as it should rally into mid-September where the 787.13 FP on the SPY should be the target high. The coming down move next week is going to fool a lot of people, but I’m positioned and ready for it.
Have a great weekend.
Source: https://reddragonleo.com/2026/07/09/es-morning-update-july-9th-2026/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,821,030,092 |
| Stories: | 8,671,165 |
Whistler Blowers, Insiders
