The following video provides end of day technical analysis of the US stock market via SPY, QQQ, /ES, /NQ & the market-leading FAAMG stocks.
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Stock Market Technical Analysis 5-21-19
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I’m still bullish medium term, but I can’t see a scenario where Trump deescalates the trade war or the Federal Reserve lowers rates until there is significant market damage. Way lower than 2750 on the SP500.
Randy, would you take a look at JNUG when you have a chance? I am doing covered call but wanna have your opinion or thoughts. Thanks