A.M. Look 5/21/19

Chips are leading today’s rebound.

Dollar is being bought against the majors with those dollars being
placed in U.S. Equities.

Spoos are unchanged on the week,
the 50X3 will take a print into 2869-70 to turn up.

This would be resistance and an exit zone for hamsters that are long.

VIX..14.40 is mvg avg support.
VXX..would take under 27.70 to break further.

AMZN..while holding its 50 DMA yesterday, it will need a couple of closes over
1900 to extend and breakout of its current range.

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