Is June Rhyming with May?
Just a quick note on the S&P 15 minute chart to highlight the similarities between May’s price action and this month, the same wave structures, gaps down, gaps up, sideways action, minor pop and then pause. Interested to see how this plays out next week, especially since we printed distribution readings the last time around right near the highs. Keep an eye on this into month end.
Have a good weekend.
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