The depth of the selling today definitely caught me off-guard. I expected weakness and some selling and even a slim chance of a move down to perhaps 2910 but that was all.
Instead selling took the S&P below 2900. Next support is at 2860. After that support is at 2800. As long as that holds up the rally remains intact.
Here are some quick comments for members covering a variety of topics as we head into the afternoon.
Quick Comments on a Second Day Of Selling – May 7 2019
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