- The week ahead has some end of April quarter-end companies reporting
- The economic data has a few reports worth watching however unlikely any market-moving reports
- The Fed minutes on Wednesday will also move the markets as it was telegraphed clearly by Powell at his press conference
- Equity bullish sentiment closed lower on the week however off the lows
- Commodity bullish sentiment reversed down hard from extreme levels
- My current view is the bounce with the S&P will be a lower high corrective wave 2 bounce
- Bitcoin is trading close to the lower end of the week’s range and is close to qualifying downside wave 3
- Have a great week!