Wk18 Market Recap

4 May

This week’s internals show the indecision and sideways action that we talked about in last week’s forecast. This is due in part to being at a key inflection point where bears are looking to short and bulls are looking to break and move higher. As we continue to sit in the middle of the up channel, watch for the S&P, Dow, NASDAQ, or Russell to break to the upside or downside.

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