08Jun11:11 amEST

Bears Are Taking Their Summer Shots Here

It is still, for the most part, a week of consolidation so far on the major averages in front of what I expect to be a more action-packed week next week (CPI, FOMC, OpEx, etc.). 

In the meantime, do not overlook the following three Dow components' weakness, DIS NKE TRV, as all three, on their respective daily chart, below, are currently bear flagging and look to be setting up new legs lower. 

Wildfires and Rate Hikes, Eh... Pause?! You're Talking Pause...

 
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