Morning Market Update with TBUZ TV

Don't Miss Today's Key Market Insights and Information
 
   
     
   
Today’s TBUZ TV

I'll be watching the trend today with the PPI news and Powell speaking.
 




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Market Editorial - Chuck Crow
 
The burning issue for this market is whether this slow down is a simple pause, or a potential change in direction. The markets have had incredible strength lately, and a little pullback makes sense. In the ES futures, the goal at the start of May was for the market to move higher than 5773.25 (April high), and stay above 4832.00 (April low). The first part of that endeavor was accomplished at the start of this week. The second part could be achieved, but we need to finish the month of May to have it be official. This week the market has already moved higher than last week’s high. Now, if the market will stay above the open of the week, that is all that is needed.

News for the Week






Probabilities for the Week





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