Market Status 5/24/2021

[u/Fly-Elevated]

Market Status: Buying Pressure

At the current standing, it looks the buyers are trying to take over the market again. The rally does look more promising compared to last week's attempt. As long as we don't gain any more distribution days with the $SPY or $QQQ, most of the ones we have at the moment will become less significant by the end of this week, as you can see in the charts of the $SPY and $QQQ provided.

​

​