As grinding as recent weeks have been, we at least can see a very plain line has been drawn along the median between the sellers and buyers. The new about the tariffs being zapped was supposed to be a mega-bullish event, but with the /ES up 0.73% and the /RTY up 0.04%, it isn’t exactly one for the history books. I suspect next week is going to be chiefly about one thing: NVDA’s earnings on Wednesday. In the meanwhile, the line in the sand have been plainly drawn for next week.

