June was a very exciting month , especially for day traders. First the FED decided to maintain interest rates at the same level , and then Brexit, WoW. Global markets erased over $2 trillions in the 48 hours following the vote, only to see a huge rally this week. In the end , it's like Brexit never happened.
The S&P 500 remains above its 10 month moving average. The S1TH is at 62.37 , below 65, but other momentum indicators confirm this rally. Risk remains on.