Where are the volumes?

20 May 2020

The situation with the S&P500 is not clear. Yes, we broke H&S, Yes, we have broken a small triangle with a gap (so far), but there are no volumes anywhere, including on momentum, it is not clear whether there is just no one in the market, or whether this is a false breakdown, we need to look. The key level is 2970. But for now, I still have big doubts about growth - too good news is on TV, and not a very pleasant situation is happening in the world...
love, kiss.

21 May 2020

Not

so far the worst case scenario looks like this