IN FIVE MINUTES OR LESS...get a comprehensive overview of what happened in the stock market and why! Also, get our forecast and trading outlook for the next buy/sell opportunity! (S&P 500 Index, #SP500 #SPX #SPY #ES #Stocks #USStocks #StockMarket #Futures #ETF #emini #e-mini)
Tuesday, May 22, 2018
The market looks like it's over the US-China trade talks euphoria and might need something newer to keep the bulls feeding. If not, we might be heading to a bit of consolidation this week. SPX at 2,736 as of this post (10:52am) - today's close might offer some short term directional bias clues.
As per the outlook published last night, "Those who are not holding long positions (sold too soon?) might want to follow the caution already published: “...wait for a better re-entry opportunity instead of trying to chase the long trade or a prematurely short trade”. Let the market's close today guide your strategy, rather than some per-conceived "gut-feel" or "wish".
Happy trading/investing!
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The market looks like it's over the US-China trade talks euphoria and might need something newer to keep the bulls feeding. If not, we m...
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