May 11th Weekend Report

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What a week!  On Monday I said that I expected volatility, choppy trade, and even the drop down into a dcl this week and that is just what we got.  Even when you expect it, a sell off in addition to the current news events often make you want to step back and ponder what the future market environment may hold, so lets take a step back & look at the Bigger Picture.

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Friday May 10th- Looks The Same

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Thursdays trading  finished up with many charts technically looking the same as they did on Wednesday.  We did see some reversals, but no swing lows in place yet.  Today (Friday)  is the deadline for the U.S. - China talks, so that choppy week of trading was anticipated, but now what?  Let's take a look, there are many clues...

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