A.M. Look 5/21/26

It’s a Gaan day with risk spreads mostly
positive although Nasd/Bond is up into oscillator resistance.

Korea leads.

Spoos…7412 keeps appearing as support over all time frames with all new weakness under 7400 needed for further weakness.

Spoos & Oil are positive against the metals.

Oil needs one more day higher or back over the mid 102’s for another pop.

Tomorrow will be last man standing as to who is stuck managing the positions before the holiday weekend.

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