May 15th – Follow Through

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May 12th Weekend Report

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Let's review our market activity for the week.  After enduring a lot of choppiness in various Market Sectors recently, this was a week of change, with out prior reports discussing 'crossing the line' and 'Follow through'.   Let's take a look...

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How About Some Friday Follow Through

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Yesterdays report was entitled  "Cross That Line", and the markets did just that!  They crossed the lines that we were looking at,  so I figured that it wouldn't hurt to name Fridays report, "How about some Friday follow through", to see if they would accommodate again.

Let's take a look at how accommodating  the market action was yesterday...

 

SPX - SPX crossed the line, breaking the down trend.

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