S&P 500: Ready For The Squeeze, Week Starting 6th May (Technical Analysis) (SP500)
cemagraphics An eventful week ended in little net movement – the S&P500 (SPY) closed just +28 points higher. However, the combination of a dovish FOMC and softer labor market readings did help drive a strong Thursday and Friday. The lack of a further rally could simply be a case of stopping the clock on the…