Not a whole lot to add from the weekend. After yesterday's action I had thought bears had regained control after previously mentioning how the index had overcome the prior bearish markers.

Bitcoin pushed through the 50-day MA on lighter volume, but with the counter move against yesterday's selling it now opens up for a move to the 200-day MA.

The pattern breakout in the S&P continues to hold and remains favored to push higher.

It's a similar situation for the Nasdaq; look for the breakout to continue higher.

The Russell 2000 ($IWM) remains range bound, just drifting below its 20-day MA. It will probably drift down to its 50-day MA before it attracts buyers. The trend is higher, even if the rate of ascent has slowed and trading volume falls.

The equal-weighted S&P is running against channel support and is looking like it wants to break lower. If this happens, it will risk the upsdie breakout in the weighted S&P. Let's see what happens. A break of the trendline here would offer a shorting opportunity (a spread trade between the weighted/equal-weighted S&P?).

Bitcoin is holding on to its 50-day MA. It may linger there before it starts shaping a new right-hand-side base.

There are trading opportunities there for the taking. Long-term investors are in a holding pattern, although Bitcoin is looking like it will hold its 200-*week* MA, which is a good long term opportunity. Summer trading in full flow.

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Investments are held in a pension fund on a buy-and-hold strategy.