Good Evening,
Just a quick post with SPY and the trendline we have been eyeing. Two consecutive closes below it - will that signal more selling?
Next up we have our forex chart and due to the huge comeback in equities today, we had yet another DOUBLE FALL LINE TRADE, this time in the GBP/USD:
With the furious rally, I still have to give the benefit of the doubt to the bulls, but I am looking forward to the May unemployment report if claims can average 425k and above.
Happy Trading and Be Environmentally Cool
Coach Brian
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