Looks like some weekend relief for US indices, but Twitter/Musks tweets may factor. I think CPI and it's various internal components/analysis has some time
to play out, but we've peaked. US surplus and AU election will settle the horses. May only lasts about a month, and the Jun volume will hopefully introduce some more spec space volatility.
All weekly charts below.
MQG and FMG both back in the value zone for short term growth and dividend. Nice 4 and 2% trades to end the week.
GGE (He) and MAY (Oil) trading in anticipation of results and spud. 2x10% trades on GGE to end the week, a few pips on MAY. Missed its reversal.
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- Day traders' weekend lounge May 13 - 15
Day traders' weekend lounge May 13 - 15, page-29
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