#SP500 = Daily Update = 24.05.2022 #SPX $SPY #SPY #ES_F $SPX #fintwit #seekingalpha

Apparently, candles screamed on Friday for a reason. Despite today’s mixed closure in SPY, DIA, QQQ and IWM, the overall odds are bullish. I continue to consider that the bottom was hit last week, especially when take into account the reports on US10Y, VIX, and DXY.

This SP500 overview contains the charts and covers:
– TA and Japanese Candlesticks analysis;
– Elliott Wave forecast for SP500.

Previous SP500 weekly:
Links to other weekly reports are at the bottom of this post.

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