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Sell off in Bitcoin, rally in gold and silver, very choppy action in stock indices to start the week.<\/div>\n
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Some of our morning excerpt below for a different type of insight into the markets – join our FB group for free to view these updates in real-time at\u00a0https:\/\/www.facebook.com\/groups\/1105191589938254<\/a>\u00a0:<\/div>\n
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GOOD MORNING.<\/div>\n
NO NUMBERS THIS MORNING<\/div>\n
TOMORROW<\/div>\n
HOUSING STARTS & PERMITS<\/div>\n
Money managers again had strong hands in looking for any weakness to buy. With the LONG END of the interest rate at negative and the FED’s Q.E. of<\/div>\n
$80 billion a month \/ $1.44 TRILLION for the year, they’re forcing money managers to take risk. The only place for returns now is equities. Also the 1st nine to 12 months of inflation is positive for equities, then they turn the lights out.<\/div>\n
The FED also has the stimulus money as an undercurrent for now.<\/div>\n
M S&P<\/div>\n
4159.50 OBJECTIVE has been met.<\/div>\n
LOW was 4105.25 ****<\/div>\n
Friday’s SUPPORT was 4106.25 ****<\/div>\n
SUPPORT 4162.00<\/div>\n
4093.75<\/div>\n
CRITICAL KEY SUPPORT!!<\/div>\n
CLOSE BELOW TRIGGERS<\/div>\n
4017.50<\/div>\n
MASSIVE SUPPORT<\/div>\n
3976.75<\/div>\n
M S&P<\/div>\n
RESISTANCE:<\/div>\n
4245.50<\/div>\n
4217.25 Buy SCO<\/div>\n
4193.00<\/div>\n
M S&P Closed 4169.00 +62.00<\/div>\n
SUPPORT:<\/div>\n
4095.25<\/div>\n
4067.25 Sell SCO<\/div>\n
4034.75<\/div>\n
M S&P<\/div>\n
FIBONACCI RETRACEMENTS:<\/div>\n
4238.25 to 3710.50<\/div>\n
38.2% = 4037.00 *****<\/div>\n
50.0% = 3974.50<\/div>\n
61.8% = 3912.25<\/div>\n
Money flow for M S&P’S:<\/div>\n
Negative= N \/ Positive= P<\/div>\n
M CRUDE -0.13 \/ Neutral<\/div>\n
N COPPER +2.45 \/ P<\/div>\n
M BONDS +0.01 \/ Neutral<\/div>\n
M YEN + 0.155 \/ N<\/div>\n
M PALLADIUM +2.40 \/ P<\/div>\n
M US$ – 0.093 \/ P<\/div>\n
M NASDAQ<\/div>\n
MAJOR RESISTANCE 13,257.25<\/div>\n
CLOSE ABOVE TRIGGERS SHORT COVERING UP TO 13,367.50<\/div>\n
KEY RESISTANCE 13,523.00<\/div>\n
MAJOR RESISTANCE 13,674.09<\/div>\n
KEY PIVOT 13,368.75<\/div>\n
M NASDAQ<\/div>\n
RESISTANCE:<\/div>\n
13,997.00<\/div>\n
13,855.50 Buy SCO<\/div>\n
13,733.75<\/div>\n
M NASDAQ Closed 13,387.00 +286.75<\/div>\n
SUPPORT:<\/div>\n
13,318.50<\/div>\n
13,217.75 Sell SCO<\/div>\n
13,100.50<\/div>\n
M NASDAQ<\/div>\n
FIBONACCI RETRACEMENTS:<\/div>\n
14,064 to 12,200<\/div>\n
38.2% = 13,348.50<\/div>\n
50.0% = 13,128.25<\/div>\n
61.8% = 12,908.00 \/ LOW 12,915<\/div>\n
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Important: Trading commodity futures and options involves a substantial risk of loss.<\/div>\n
The recommendations contained in this letter are of opinion only and do not guarantee any profits.<\/div>\n
There is not an actual account trading these recommendations.<\/div>\n
Past performances are not necessarily indicative of future results.<\/div>\n
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<\/div>\n<\/div>\nGood Trading<\/strong><\/h3>\n
Good Trading<\/strong><\/h3>\nTrading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n
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Futures Trading Levels<\/strong><\/h3>\n5-18-2021<\/p>\n
![\"\"](\"https:\/\/files.constantcontact.com\/3dc00ef7001\/285e89ee-92d6-4f92-a2da-be290cfa433e.png\" "\\"\\"")
<\/div>\n<\/h3>\nEconomic Reports, source:\u00a0<\/strong><\/h3>\n
5-18-2021<\/p>\n
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