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Charts of Import for Today – 9 May, 2023

Market Outlook – Traders and investors are sideways in general – waiting for a shoe to drop? Or traders to rush in to take advantage of the move higher.

Note that the bearish feelings are continuing to rise even as traders see support hold.

Here’s what traders are waiting for this week

Take a look at the bottom three versus the top three – staples and tech – neck and neck – who knew
I want to start watching this one to see if it tells us what happens next in the broad indices
Not sure what this means but if we run out of retail sellers, the market could bounce fairly sharply

As the interest rates rise, insolvencies rise