We’ve broken into the SPX 7300s, a level that Tom Lee of Fundstrat touted in mid March…
WTIC bull flag, May5 2026
I see a bull flag in oil.
If correct… equities are set to get whacked, with a higher VIX
Bearish engulfing candle, May4 2026
Friday’s black/spiky candle in the SPX played out… with Monday settling with a bearish engulfing candle…
Black daily candle, May1 2026
The SPX printed a new hist’ high of 7272, if cooling back to settle with a black daily candle, which bodes red for Monday…
April settles positive, Apr30 2026
The month ends with a new hist’ high of 7219…