Friday May 4th
SPX – We saw a reversal midday and I posted this daily chart in the comments / chat section at 1 p.m. Let’s discuss this further …
May 3rd – 1 step closer
When it comes to cycle timing, every step does get us closer to our goal. . SPX DAILY – WEAK. We will be on day 23 Thursday, and the markets moved slightly higher after Wednesdays FOMC Decision, and then sold off into the close. This still looks weak, I remain cautious.
