SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (30449)4/26/2022 9:32:28 PM
From: Les H2 Recommendations

Recommended By
ajtj99
Jacob Snyder

  Respond to of 49160
 
The initial rally last week unwinded with a vengeance. The selloff ripped through the designated support at 4381.34 and the daily S&P 500 (SPX) has maneuvered into a TD Buy Countdown bearish phase. This looks to continue until the week of the next FOMC meeting on May 4th where there are price exhaustion clusters beginning to set up.

tradetrekker.wordpress.com

34-day period between lows should hit middle of next week also. Blackout period for share buybacks should end by then.

Why Midterm Election Years Are Tough

nytimes.com