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To: skinowski who wrote (35333)5/26/2019 8:07:20 AM
From: skinowski1 Recommendation

Recommended By
kckip

  Respond to of 41561
 
“”Simple (hourly) view at this time - an impulse down, followed by a “three” up and “three” down... so far.””

Nothing changed since that Friday morning post.... same scenarios on the table.

We had new ATH a few weeks ago, confirming that the long term trend is bullish. So is the intermediate trend, of the past several months. Short term is pointed down.

The last days of a month - and the first few days of the new month - tend to be stronger. There are claims that this phenomenon has been weakening over the past several years. We'll see how it plays this time.

The “Sell in May” seasonality is bearish. This one also has been questioned in recent years... but over time, it does seem to have an impact.