DislikedIt looks to me like a lot of people are trying to predict the turning point, the very bottom, and going long in a short-term trend. Sell in May and go away is the norm for the day. It's not exactly risk-off, but it's take profit time in a big way. It also looks like when it turns around it's going to look like a huge fake-out. In order to predict the what the chart is going to look like, look into the future for what the news is going to be, and I don't mean the usual employment figures or interest rate announcements. But what quarterly or annual...Ignored
All posts are my personal opinion