08.29 am Amsterdam
S&P future is trading around 917.5. Yesterday I slightly favored the bears, but the market had a rally taking the market to the relatively strong resistance at 929 once again. Most of the rally was sold in the end but still it was suprising for me.
At the moment S&P is trading around 917. The market is positive but not strong. It looks like 'sell in May go away ' strategy will win again and the markets will be at least unchanged if not lower at the end of summer compared to the end of may.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment