The S&P500 spent last week recovering from the prior week's sell-off. No real change in the ADX or price/volume story, while price is challenging the 61.8% level retracement level again.
The disconnect between Main Street and Wall Street seems to grow each day, with job/income losses in stark contrast with rising stock prices and shareholder value.
Let prices be your guide and respond accordingly.
More commentary after the jump...Stock Market Outlook - Week of May 10 2020
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