Stock Market Outlook May 20 (SPY QQQ Bitcoin Gold)

A look at stock market price action and Market Health Indicators as we head into the week of May 20.

Market health indicators are favorable for long trades as conditions improve following the April pullback. There's still a couple little cautionary signs, but that is why we have stop losses on our trades.

Bitcoin continues to whipsaw around its prior high. This has happened before: https://tradethatswing.com/statistics-on-how-bitcoin-moves-average-rally-and-pullback-percentages-bull-bear-market-durations-and-gains-losses/ It is still holding up ok, but ultimately it needs to move up to warrant continuing to hold it.

Gold has broken out of a multi-year basing pattern. Gold miners are leading which is a good sign.

Read the full outlook and see the charts here:
https://tradethatswing.com/swing-trading-stock-market-outlook-for-this-week/
The article is updated weekly with new charts and a video, so be sure to bookmark it!

#SPY #sp500 #stockmarketanalysis #QQQ #IWM #bitcoin #gold #goldminers #GDX #GLD

Видео Stock Market Outlook May 20 (SPY QQQ Bitcoin Gold) канала Cory Mitchell Trading