Tuesday May 22nd

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 Mondays Markets...

 

SPX MAY 18th -  Last week I mentioned that we had a bull flag forming on the 10sma, so it should break higher...

 

SPX - The General markets did break higher, but they gapped open. Toward the end of the day, they started to sell off, but they still didn't close those gaps. The gaps could fill, however...

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MAY 19 WEEKEND REPORT – REST UP

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Rest up this weekend, and we'll review the markets and the action that we can expect as things move forward.  I'm really loving the way the Precious Metals markets are setting up for example, so far very much as expected.  Lets just get right into it and take a look at our markets...

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FRIDAY MAY 19th

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It is Friday, the last trading day of the week, so let's review a couple of points of interest in the Markets, and then discuss a few more stock picks.

 

USD - The USD is heading toward resistance, but it can continue a bit higher.  I will discuss this further in the weekend report.

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