Market Analysis Comment – Thursday May 30, 2019
Searching for Signs of a Near-Term Change in Trend
Wednesday was Another Rough Day for Equities
Tit-for-Tat Chatter Continues In the US/China Trade War Sending Buyers to the Sidelines
S&P 500, NASDAQ Composite and Russell 2000 Break Important Support Levels
Hi-Yield Bond ETF’s Break Support as Well
Weakness in Prior Leading Sectors, Upside Reversal Day’s by The Semiconductor ETF and Japanese Yen May be Hints of a Turn for the Better
Poor Demand at 7-year T-Note Auction May Hint Bond Rally is Due for a Respite
Please read Friday’s report if you have not...More.....
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Marc Sutin is President of Intuitive Analysis, LLC. As President he serves as analyst, publisher and communicator of the firm’s outlook for the financial markets.
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