A.M. Look 5/11/21

Indices are into their first downside levels.

Spoo..put in the reversal on the 100 @ 4140

Nasd 100..13,063 is the top of the daily cloud.

AMZN…3158 is the top of the daily cloud.

Copper…will need sustained price action under 4.65 to rollover.

30 Yr. Yield will need to sustain above 2.35 to extend.

Dow will be the better bounce candidate at these levels. 34,440 is the 200 Hourly for general market tone.

Yes, I recommended selling everything yesterday.
It’s a long time until Friday’s close to see if the Risk Spreads confirm the topping pattern.

Trade to make money.

Bears,the market will not be priced to zero without a fight.

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