Tuesday, May 10, 2022

Morning Post 05/10/2022 SPX

1984 is really happening. 

Good vs evil 

On to the lie - 

Minis up 30. Cash will gap through round number resistance. The backtest of the weekly 100ma at 4050 will be the second hurdle. The monthly 20 at 4175 if it gets there. Those points plus price points exist. So, going up, if that’s their thing, should prove more difficult than normal. The Fed is no longer flying above the clouds in clean air. Lots of turbulence down here.

More to come below. 

Have a good day. 

GL and GB! 

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