Spoo’s…2886 is today’s Pit gap..
It will take price action into its 50 DMA below 2875 to confirm a near term high on the 25X3 PN
Nasd 100…7453 is today’s Pit gap.
Both levels represent Friday’s highs.
MSFT…showing ORH weekly, Monthly & Qtrly.
Risk to own is 130.45 close.
DATA is this A.M. big winner after CRM announced a 15 Bil buyout..
Risk spreads are nearing half way back for the May break.
Precious metals have broken down against the currencies.
It would not surprise to see the crosses and the metals retest May closes with continued Equity strength.