If you are trading in the daily time frame you will note that price is channel bound consolidating its gains from the recent parabolic rip. Very similar to the price action after the run-up mid May. If the pattern remains we can expect price to remain between 10k on the low end to 12500 on the high end give or take 100 points throughout July. I place the pivot for bullish/bearish bias at 11300. I'd like to see the 8/24 ema's squeeze tighter together like they did in mid June to feel comfortable adding to any long positions. This should occur near the end of July if the sideways consolidation continues. I like the Fisher Transform levels drop from the peak but I'd like to see them match the levels in mid June as well. For now, keep an eye out for a parabolic flip in this time frame for a heads up on a reversal to a more bullish trading bias.