Sell in May is running out of time with only 2 weeks left in the market. And with this weekend is a 3 day weekend for US market, volume should start to dry up unless some major crisis occurs. Therefore Putin, please don’t get itchy finger, ok? Even though market has been overbought, a lot of counters refuses to go lower and in fact has been consolidating. This could build the potential energy to burst higher if the resistance break. Will this be the start of going higher? Or this is the beginning of sell in May?
Find out what it is in this week video edition.